Nexstim

We enable personalized and effective therapies and diagnostics for challenging brain diseases and disorders.

General Information
Company Name
Nexstim
Founded Year
2000
Location (Offices)
Finland +1
Founders / Decision Makers
Number of Employees
52
Industries
Biotechnology, Health Care, Health and Wellness +1
Funding Stage
Post Ipo Debt
Social Media

Nexstim - Company Profile

Nexstim is a Finnish medical technology company committed to enhancing the quality of life for patients with significant unmet clinical needs. Founded in 2000 in Helsinki, Finland, Nexstim has a global presence and a mission to enable personalized and effective therapies and diagnostics for challenging brain diseases and disorders.

The company has developed SmartFocus®, a world-leading non-invasive brain stimulation technology which encompasses navigated transcranial magnetic stimulation (nTMS) with highly sophisticated 3D navigation providing accurate and personalized targeting of the TMS to the specific area of the brain. This technology is utilized in Nexstim’s proprietary Navigated Brain Therapy (NBT®) system, FDA cleared for the treatment of major depressive disorder (MDD) in the United States, and CE marked for the treatment of major depression and chronic neuropathic pain in Europe.

Furthermore, Nexstim is commercializing its SmartFocus® based Navigated Brain Stimulation (NBS) system for diagnostic applications, the only FDA cleared and CE marked navigated TMS system for pre-surgical mapping of the speech and motor cortices of the brain. Nexstim shares are listed on Nasdaq First North Growth Market Finland. The company's last investment of €960.00K was a Post-IPO Equity investment on 18 June 2018 which was provided by Capricorn Venture Partners.

Taxonomy: Medical Technology, Brain Stimulation, Diagnostic Devices, Transcranial Magnetic Stimulation, Neurological Disorders, Navigated Brain Therapy, FDA Approved, CE Marked, Mental Health, Major Depressive Disorder, Chronic Neuropathic Pain, Finnish Medical Technology Company, Nasdaq Listed, Personalized Therapies, Non-invasive Brain Stimulation

Funding Rounds & Investors of Nexstim (7)

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Funding Stage Amount No. Investors Investors Date
Post-IPO Debt €1.50M 1 27 Jun 2024
Post-IPO Equity €960.00K 1 18 Jun 2018
Post-IPO Equity €1.75M - 25 Oct 2017
Post-IPO Equity $3.75M - 21 Dec 2014
Venture Round €2.00M 1 11 May 2011

View All 7 Funding Rounds

Latest News of Nexstim

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No recent news or press coverage available for Nexstim.

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