Boston-based digital actuality platform XRHealth introduced it secured $6 million in funding, led by Asabys Companions, with participation from NOVA Prime Fund and the corporate’s present buyers.
WHAT IT DOES
XRHealth’s platform permits sufferers with stress and anxiousness, continual ache, fibromyalgia, and neurological circumstances to attach with a supplier by way of telehealth and obtain really helpful therapies on a digital actuality headset that is despatched to the affected person’s dwelling. Information is collected and transferred to the supplier, and sufferers can monitor their course of by way of XRHealth’s cellular app.
Final yr, the Boston-based firm merged with Barcelona-based Amelia Virtual Care, a VR platform for psychological well being professionals. The businesses joined below the XRHealth model identify, and the latest funding spherical solidified the completion of that merger.
Amelia, previously Psious VR, provides a digital actuality platform for psychological well being professionals to carry out assessments and supply interventions comparable to mindfulness, rest, gradual publicity and psychoeducation.
The latest $6 million funding shall be used to help the expansion of the mixed corporations, and for the event of XRHealth’s portfolio, which incorporates creating an AI-enabled clinician that may assist deal with sufferers with psychological well being circumstances and information sufferers by way of bodily and occupational remedy packages.
“We consider that 2024 would be the yr of VR,” Eran Orr, CEO of XRHealth, informed MobiHealthNews in an e mail. “The funding shall be used to create extra leading edge applied sciences like an AI clinician that may push the boundaries of how VR/AR shall be used within the digital healthcare house.”
In 2022, the corporate secured $10 million in funding to broaden VR-focused healthcare remedy within the metaverse.
Two years earlier than, XRHealth scored $7 million in funding and a $450,000 grant from the Israeli Innovation Authority to supply hospitals in Israel with telehealth companies to fight the consequences of COVID-19.
In November, the corporate revealed its plans to ship a VR headset into house to help astronauts’ psychological well being.
In collaboration with Nord-House Aps and HTC Vive, XRHealth engineered the Vive Focus 3 headset to resist the circumstances of house by utilizing a simulator mode and specialised monitoring methodology by way of the controllers to make sure efficient operation in a microgravity atmosphere.
Final yr, XRHealth was awarded a U.S. patent for a studying system know-how that adjusts coaching and remedy protocols based on a affected person’s biometric and movement information.