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European credit investment firm AlbaCore Capital Group (AlbaCore) has invested $125 million in Hinduja Group-backed MindMaze, a global pioneer in the digital neurotherapeutics market.
MindMaze will use the proceeds to accelerate commercialisation and enhance market access for its approved and reimbursed neuro-rehabilitation platform as well as expanding its neuro-restorative portfolio.
David Allen, Managing Partner and Chief Investment Officer at AlbaCore Capital Group, commented, “We look to be a creative solutions provider with partnership at the core of everything we do. We believe that MindMaze is positioned to dramatically improve care for millions of patients, and with this fresh capital will be able to rapidly scale.”
Tej Tadi, Founder, MindMaze added, “The financing will enable our dedicated team and partners to advance in our mission to help patients recover, learn and adapt through advanced neuroscience and digital therapeutics.”