HypnoVR Announce Successful Funding Round
Medical VR solutions company HypnoVR announces closing of €700K funding round.
Virtual reality (VR) has seen use in various medical settings, from training future doctors to helping educate patients and families on complex medical conditions. One of the most interesting is the use of VR to help relieve pain. One company that specialises in this area, HypnoVR, have announced that it has secured funding from investors.
€700K in funding has been secured from investors including Guillaume Richard, founder and chairman of OuiCare, Daniel Caille, founder and chairman at Vivalto Santé Holding and La Javaness, along with Bpifrance, the French public investment bank and other business investors.
The funding is a combination of cash investment and equity will allow HypnoVR to work on further product development and enhance its sales and marketing team. The company is planning to bring its medical hypnosis VR solution in September 2018.
The HypnoVR solution is designed to help relieve patient pain, stress and anxiety by providing alternatives to chemical treatments. The technology is in the final stages of acquiring a class 1 medical device CE marking and uses commercially available VR headsets such as the Samsung Gear VR or Oculus Rift.
“HypnoVR is excited to be joined by such a diverse group of investors, bringing a broad spectrum of experience in healthcare, finance and industry,” said Nicolas Schaettel, president and co-founder at HypnoVR. “We are on a mission to bring the benefits of medical hypnosis to the widest number of patients to enable faster recovery, better pain management, lower stress and less anxiety. Following successful clinical trials, where 90% of patients responded with positive feedback, our team is prepped and ready to launch our first product in September 2018.”
“HypnoVR offers healthcare facilities and personnel a supplementary and beneficial therapeutic tool that facilitates the day-to-day duties of patient care,” says Guillaume Richard, founder and CEO of OuiCare. “This careful consideration for the well-being of others is one of the key values we pay close attention to at OuiCare.”
For further coverage of VR use in healthcare, keep checking back with VRFocus.