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§ Private Profile · Barcelona, Spain
Medtech startup developing graphene brain-computer interfaces for real-time diagnosis and treatment of neurological disorders.
INBRAIN Neuroelectronics has raised $98.4M across 6 funding rounds.
Key people at INBRAIN Neuroelectronics.
INBRAIN Neuroelectronics has raised $98.4M in total across 6 funding rounds.
INBRAIN Neuroelectronics, based in Barcelona, Spain, develops graphene-based brain-computer interfaces designed for the real-time diagnosis and treatment of neurological disorders such as Parkinson's, epilepsy, and stroke. Their ultra-thin implants record high-resolution brain signals bidirectionally, leveraging machine learning to deliver precise neuroelectric therapies aimed at minimizing current treatment side effects. The company has raised over $100 million in funding to advance its neurotechnology, including achieving the world's first human implantation of a graphene neural interface. INBRAIN Neuroelectronics also received FDA Breakthrough Device Designation, with its leadership team including co-founder and CEO Carolina Aguilar, formerly of Medtronic. The organization was founded in 2019 by José Garrido, Kostas Kostarelos, and Antón Guimerà. Its business model centers on venture-funded medtech startup developing and commercializing graphene neural implants, not specified beyond investor funding.
Key people at INBRAIN Neuroelectronics.
INBRAIN Neuroelectronics has raised $98.4M in total across 6 funding rounds.
INBRAIN Neuroelectronics's investors include Spanish Ministry of Industry and Tourism, Frank Bulens, Asabys Partners, Earthshots Collective, Karista, Vsquared Ventures, Wellington Partners, Aliath Bioventures, Avan\u00e7sa, CDTI Innvierte, EIC Fund, Fond ICO Next Tech.
INBRAIN Neuroelectronics has raised $98.4M across 6 funding rounds. Most recently, it raised $4.7M Grant in May 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 6, 2025 | $4.7M Grant | Spanish Ministry OF Industry And Tourism | — | Announced |
| Oct 1, 2024 | $50M Series B | Frank Bulens | Asabys Partners, Earthshots Collective, Karista, Vsquared Ventures, Wellington Partners, Aliath Bioventures, Avan\u00e7sa, CDTI Innvierte, EIC Fund, Fond ICO Next Tech | Announced |
| Dec 12, 2023 | $21.6M Debt Financing | European Investment Bank | — | Announced |
| Mar 1, 2021 | $20M Series A | Asabys Partners, Scott Moonly | Earthshots Collective, Karista, Vsquared Ventures, Wellington Partners, Cdti, Institut Catal DE Finances, TruVenturo | Announced |
| Jun 11, 2020 | $1.1M Venture Round | Alta Life Sciences, Josep L.l. Sanfeliu | — | Announced |
| Jun 1, 2020 | $1M Seed | — | Asabys Partners, Wellington Partners | Announced |
INBRAIN Neuroelectronics is a Barcelona-based medical device company developing graphene-based neural interfaces and brain-computer interfaces (BCIs) for personalized therapies targeting neurological disorders like Parkinson's, epilepsy, and others.[1][2][3][4] Their end-to-end platform combines skin-like, bi-directional high-resolution implants (up to 1024 contacts), implantable neural processors with wireless rechargeable batteries, and AI-powered data analytics to enable real-time neural decoding and closed-loop modulation, restoring function or mobility while minimizing invasiveness.[3][4][5] Serving patients and clinicians, INBRAIN addresses the "neural challenge"—affecting a significant portion of the world population, the leading cause of disability and second cause of mortality, with costs exceeding cancer and cardiovascular diseases combined—by outperforming metal-based alternatives like platinum with graphene's superior signal resolution and precision.[1][3][4] The platform has FDA Breakthrough Device Designation for Parkinson's, signaling strong growth momentum through partnerships like Merck KGaA and recognition as outperforming competitors like Neuralink.[3]
INBRAIN Neuroelectronics was founded in 2019 (with some sources noting 2020) as a spin-off from the Graphene Flagship—a €1B EU program highlighted by the Nobel Prize for Graphene—and partners including the Catalan Institute of Nanoscience and Nanotechnology (ICN2), ICREA, and the University of Manchester.[1][2][4] The idea emerged from groundbreaking graphene research by ICN2 and Graphene Flagship teams, enabling high-fidelity neural signal decoding and modulation for smart, personalized brain implants to treat conditions like epilepsy and Parkinson's.[2][4] Key figures include CEO Carolina Aguilar (former Medtronic Global Director), Graphene Flagship experts Jose Garrido, Kostas Kostarelos, and Anton Guimera, plus neurotechnology veterans from Philips, Medtronic, and startups.[4] Early traction came from leveraging this Nobel-winning material for less invasive devices, quickly advancing to FDA designation and high-profile collaborations.[3][4]
INBRAIN stands out in neuroelectronics through graphene's unique properties, delivering unmatched performance over traditional metal electrodes:
INBRAIN rides the brain-computer interface (BCI) and bioelectronics wave, harnessing graphene—a 2010 Nobel-winning material—to pioneer precision neuromodulation amid rising demand for treatments of neural disorders impacting billions.[1][3][4] Timing is ideal post-Graphene Flagship investments and amid BCI hype from players like Neuralink, but INBRAIN's minimally invasive, high-resolution approach addresses limitations of invasive, low-res generics, positioning it at the frontier of precision medicine akin to genomics' impact.[3][4][5] Market forces favor it: escalating neural disease burdens (WHO data), regulatory nods like FDA Breakthrough, and partnerships (e.g., Merck KGaA for next-gen bioelectronics).[3] By advancing graphene neural tech from EU research ecosystems, INBRAIN influences the shift to scalable, AI-driven neurotherapeutics, democratizing high-fidelity BCIs beyond experimental stages.[1][4]
INBRAIN is poised to lead graphene-powered neurotherapeutics, with clinical trials, expanded FDA approvals, and commercialization of its BCI platform likely next, building on Parkinson's designation and Merck collaboration.[3] Trends like AI integration in medtech, rising bioelectronics funding, and global neural health crises will propel growth, potentially evolving INBRAIN into a dominant player in personalized BCIs—outpacing metal-based rivals and redefining treatments for epilepsy, Parkinson's, and beyond.[1][3][4] As a Graphene Flagship heir, its influence could spark an ecosystem of high-res neural interfaces, "lighting up the path to a better neural future" by solving the neural challenge at scale.[3]