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Matter Neuroscience Secures $26M in Funding to Cure Unhappiness | ||
By: PR Newswire Association LLC. - 27 Feb 2024 | Back to overview list |
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After Three Years of Clinical Studies in Brain Imaging and Happiness Research, Matter Debuts Consumer App in Public Beta NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Matter Neuroscience, the company working to unlock a deeper understanding of happiness and well-being by providing people with personalized insights into their brain chemistry emerges from stealth mode today. Matter announced it has received $26 million in funding, initial funding seeded by Polaris Partners and a more recent round co-led by ARCH Venture Partners, Polaris Partners, and Exor Ventures, and joined by Collaborative Fund and others. With this backing, Matter will bolster its efforts to pioneer solutions that address the unhappiness epidemic by transforming our understanding and management of mental well-being. Identifying a Biomarker for Happiness Results of the most recent high-field fMRI studies by Professor Goebel and team, examining the neuroscientific basis of positive emotions and well-being using the Matter app, will be presented at the 2024 Organization for Human Brain Mapping Annual Meeting. Publication of the full study data and analysis is expected later this year. "Based on our early study results we see strong evidence for a universal map of distinct positive emotions in the human brain," said Professor Goebel. "In addition to guiding healthy individuals to greater well-being, this may provide a path to emotion regulation training for depression treatment." Together with its collaboration partners, Matter Neuroscience will initiate three more clinical studies in 2024. Improving Health and Happiness with Matter For more information and to become a beta user of the Matter app, visit www.matter.xyz. The Matter Neuroscience Team Bouchon's ideas, published in his book, "Capitalism of Happiness," created the vision for Matter Neuroscience: find an algorithm that allows people to understand and leverage their natural molecular compass for happiness. Matter Neuroscience was co-founded in 2019 with Ben Goldhirsh of GOOD Worldwide and the Goldhirsh Foundation, and Chris Shiflett of Faculty and Brooklyn Beta. "The wealthiest areas of the world are struggling with record levels of depression, addiction, and anxiety," said Axel Bouchon, Chief Executive Officer and co-founder of Matter Neuroscience. "Our consumer culture systematically blocks brain development and erodes mental health. Matter offers a scientifically based, universal, biological indicator for human progress and sustainable happiness." The independent scientific and clinical advisory board of Matter Neuroscience includes Professor Daniela Schiller (Departments of Neuroscience and Psychiatry at the Icahn School of Medicine at Mount Sinai,) Professor Zahi Fayad (Lucy G. Moses Professor of Medical Imaging and Bioengineering at Icahn School of Medicine at Mount Sinai, BioMedical Engineering and Imaging Institute), and Professor Konstantin Nikolaou (Professor & Chairman, Dept. of Diagnostic and Interventional Radiology, University Hospitals Tübingen, Germany), along with Professor Goebel (Maastricht University), and Meik Wiking (Happiness Research Institute). Paul Berns of ARCH Venture Partners and Amir Nashat of Polaris Partners serve on Matter's Board of Directors. Berns is a seasoned biopharma veteran and entrepreneur with over 30 years of success in the field of neurology. Nashat is an active investor and entrepreneur in the healthcare industry and has been named to the Forbes Midas List of "Top 100 Venture Capitalists." About Matter Visit www.matter.xyz to learn more about Matter and sign up for the beta. Follow Matter on Instagram and Tiktok for education and inspiration for living a happier life.
View original content to download multimedia:https://www.prnewswire.com/news-releases/matter-neuroscience-secures-26m-in-funding-to-cure-unhappiness-302072626.html SOURCE Matter Neuroscience |
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