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Panakès Partners is a Financial backing company, based in Milan, which invests in the most enthusiastic business and teams, developing advanced innovations and products, in the area of life scientific researches, aiming to boost the lives of people all over the world.

Established in 2010 by Dr. Ross 'Neill, CEO, Neuromod Devices is a clinical innovation firm that is experts in the design and development of neuromodulation modern technologies to deal with the medical demands of underserved client populaces who deal with persistent and incapacitating problems.

Given that the previous round of funding increased in October 2020, the business has actually made progression commercialising Lenire, broadening the gadget's schedule throughout Europe, establishing an entirely possessed US subsidiary, Neuromod United States Inc, Bookmarks and safeguarding United States market authorization from the FDA.

The latest funding - which more than doubles the cash the NUI Maynooth spin-out has actually raised since it was established in 2010 - is split equally in between venture debt financing from the European Investment Financial institution and new equity financial investment.