Thursday, April 25, 2019
Wavemaker Partners Leads Investment In Cognitive Health Startup
Los Angeles-based Wavemaker Partners is one of the lead investors in a round for a cognitive health startup, Savonix, in an extension of its Series A funding. Savonix said it raised $9.6M in a Series A extension round which was led by Fusion Fund and Wavemaker Partners, boosting its total Series A financing to $14.7M. The investment round also included DEFTA Partners, Rethink Impact, and DigiTx Partners. Savonix--which is based in San Franciso--develops a digital cognitive assessment platform called Savonix Mobile, which is being used to assess brain health through mobihle devices. The company said it is using machine learning to gain population health knowledge about cognition, and link that to biomarkers and diseases such as diabetes and dementia. The company is led by Ceo and foudner Dr. Mylea Charvat. More information »