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INBRAIN Neuroelectronics

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High-resolution graphene interfaces for precision neurology.

Barcelona, SpainFounded 2020Biotech & Life Sciences
Valuation $100–250M Last recorded · 2024
Revenue <$1M Latest reported FY
Headcount 100–500 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for INBRAIN Neuroelectronics and the history behind them.

About INBRAIN Neuroelectronics

INBRAIN Neuroelectronics is a clinical-stage neurotechnology company developing brain-computer interface (BCI) therapeutics based on graphene technology. The company was established in 2019, with some sources indicating a 2020 founding date, as a spin-off from the Catalan Institute of Nanoscience and Nanotechnology (ICN2) and ICREA. Its founders include CEO Carolina Aguilar, a former Medtronic executive with extensive experience in neuromodulation; CSO Jose Antonio Garrido, an ICREA Research Professor at ICN2; and Professor Kostas Kostarelos, Chair of Nanomedicine at the University of Manchester and a leader at ICN2's Nanomedicine Lab. The company was born from research at the intersection of MedTech, DeepTech, and Digital Health, aiming to translate discoveries in materials science into advanced therapeutic applications. INBRAIN's core technology is an intelligent neural platform that uses ultra-thin, flexible graphene-based electrodes for the bidirectional decoding and modulation of brain activity. This technology is designed to offer significantly higher resolution compared to traditional metal electrodes, enabling more precise and personalized therapies. The implant, which is thinner than a human hair at just 10 micrometers thick, conforms to the brain's surface, ensuring high-fidelity signal recording and targeted stimulation. The system integrates machine learning and AI to interpret complex neural signals, identify biomarkers specific to certain conditions, and deliver adaptive, closed-loop neurostimulation to rebalance pathological neural networks. This approach aims to maximize therapeutic efficacy while minimizing side effects. The company's primary market focus is on neurological disorders. It received a Breakthrough Device Designation from the U.S. FDA in September 2023 for its Intelligent Network Modulation System as an adjunctive therapy for Parkinson's disease. INBRAIN is also targeting other conditions such as epilepsy and stroke rehabilitation. The company has achieved significant milestones, including the world's first human implantation of a graphene neural interface in a clinical trial evaluating the device's safety and performance during brain tumor resections. This study demonstrated the device's ability to safely interface with the human brain and record high-resolution neural signals. INBRAIN's business model is that of a venture-funded medtech startup focused on the development and commercialization of its BCI platform. It has successfully raised substantial capital, securing over $100 million in total funding through several rounds, including a $50 million Series B round in October 2024. Key investors include imec.xpand, Asabys Partners, and the EIC Fund. The company collaborates with leading research institutions, technology companies, and pharmaceutical firms, such as the University of Manchester, imec, Microsoft, and Merck, to advance its technology from clinical trials to commercial-scale manufacturing. Keywords: graphene neuroelectronics, brain-computer interface, BCI, neurotechnology, neuromodulation, precision neurology, Parkinson's disease, epilepsy, stroke rehabilitation, graphene electrodes, neural interface, bioelectronics, MedTech, clinical trials, FDA Breakthrough Device, deep brain stimulation, AI in healthcare, neural decoding, adaptive therapy, implantable devices, neurosurgery

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
Barcelona, Spain
Employees
121
Open positions
13
Dealroom signal
91.6/100
Industry
Health
Sub-industry
BioTechnology, Medical Devices, Health Platform
Sector
Biotech & Life Sciences, Rehabilitation, Biotechnology, Neurology
Technology
Artificial Intelligence, Hardware, Deep Tech, Machine Learning, Nanotech
Business model
Manufacturing
Client focus
b2b

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANTOther financing May 2025 $4.4M — Government of Spain. Ministry of Industry and Tourism ↗
SERIES BOther financing Oct 2024 $50M $200M Avancsa · CDTI Innvierte · imec.xpand · Instituto de Crédito Oficial ↗
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMargin
2026
2025
2024
2023
2022
2021 —
2020 — — —
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Growth signals

INBRAIN Neuroelectronics website traffic

Latest recorded traffic for INBRAIN Neuroelectronics is 5.4K monthly website visits, up 35% over the last three months. INBRAIN Neuroelectronics's team grew 17.5% over the past year.

Latest monthly visits5.4K 3-month web change+35% 1-year team growth+17.5%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

19 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed4 investors entered at this stage

  • Alta Life Sciences
  • Asabys Partners
  • European Innovation Council
  • Government of Spain. Ministry of Industry and Tourism

Series A8 investors entered at this stage

  • Catalan Institute of Finance
  • Vsquared Ventures
  • TruVenturo GmbH
  • EIC Fund
  • imec.xpand
  • Avancsa
  • CDTI Innvierte
  • Instituto de Crédito Oficial

Series B and later1 investor entered at this stage

  • European Investment Bank

Other known investors6 additional known investors

  • Barcelona Institute of Science and Technology
  • Catalan Institute of Nanoscience and Nanotechnology
  • Graphene-flagship
  • ICREA
  • MedTech Innovator
  • Spanish National Research Council
Team profiled 19 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
11 countries with
team presence
🇪🇸 Spain74.7%
🇳🇱 Netherlands7.4%
🇬🇧 United Kingdom5.3%
🇫🇷 France3.2%
🇩🇪 Germany2.1%
Top 5 of 11 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about INBRAIN Neuroelectronics on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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