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MindRove
Develops thought-controlled electronic devices, so-called brain-computer interface (BCI) systems
About MindRove
MindRove operates in the neurotechnology market, specializing in advanced EEG (electroencephalography) and EMG (electromyography) biosensing devices. These devices are designed to monitor brainwave and muscle activity in real-time, both inside and outside laboratory settings. The company's products include wireless EEG headsets and EMG armbands and legbands, which feature minimal setup time, portability, and semi-dry electrodes for ease of use. MindRove serves a diverse clientele, including researchers, developers, and healthcare professionals who require precise and portable biosensing solutions. The business model revolves around selling these high-tech devices and providing a free SDK (Software Development Kit) based on the BrainFlow framework, enabling users to develop custom applications for gesture control, gait analysis, and more. Revenue is generated through direct sales of the devices and potentially through software licensing.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- Budapest, Hungary
- Employees
- 9
- Open positions
- None listed
- Dealroom signal
- 69.2/100
- Industry
- Health
- Sub-industry
- BioTechnology, Medical Devices
- Sector
- Biotech & Life Sciences, Rehabilitation, Biotechnology, Neurology, Biosensors, Core AI
- Technology
- Artificial Intelligence, Hardware, Deep Tech, Machine Learning
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SUPPORT PROGRAM✓Other financing | Jan 2022 | $0 | — | ESA BIC Hungary | — |
| SEEDEquity / VC | Nov 2018 | $17K | $66K | Undisclosed | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for MindRove is 11K monthly website visits, up 129.2% over the last three months. MindRove's team grew 12.5% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Hiventures
Other known investors1 additional known investor
ESA BIC Hungary
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about MindRove on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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