Hindujas-backed MindMaze secures $105 mn funding led by Concord Health
Hindujas-backed digital neuro-therapeutics solutions provider MindMaze on Thursday said it has secured a USD 105 million (over Rs 785 crore) financing led by Concord Health Partners, a US-based healthcare private equity firm.
The round also witnessed participation from London-based Hambro Perks and other family office investment groups, the company said in a statement without disclosing their identity.
MindMaze said AlbaCore Capital Group, one of Europe's leading specialist investors focusing on public and private markets, is also building on its existing investment in the company as a reflection of their continued commitment in it.
The financing round provides immediate access to funds, and a financing facility to fund growth and future acquisitions, the company said, adding the funding would also help accelerate global commercial growth plans, enhance ongoing R&D and consolidate the clinical development pipeline of its digital therapeutic solutions for a wide spectrum of ...