Koch Invests: NeuraLight Pioneers Pocket-Sized Neurological Diagnosis Tool
Koch Invests: NeuraLight Pioneers Pocket-Sized Neurological Diagnosis Tool
Koch Disruptive Technologiesisleading a $25 million Series A funding roundinNeuraLight, an AI-driven company developing objective and sensitive biomarkers for neurological disorders, including ALS, multiple sclerosis, Parkinson’s disease and Alzheimer’s disease. The technology’s critical component: a webcam or smartphone camera.
HOW IT WORKS:NeuraLight applies modern image analysis techniques to diagnose and track neurological disorders – which can often be difficult to catch at an early stage – by monitoring and measuring eye movements from facial videos captured with a standard webcam or smartphone.
“You can’t develop drugs for diseases you can’t measure,”NeuraLight CEO Micha BreakstonetoldTechCrunch, adding that NeuraLight’s techniques are as accurate, “if not more, than a professional gaze tracker that costs tens of thousands of dollars,” he says.
WHY IT MATTERS:神经系统疾病是世界残疾的主要原因。长期以来,跟踪眼动运动一直是监测这些疾病的关键部分,但是直到现在,还没有一种可靠的方法来衡量疾病的进展。
Neurological evaluation is highly subjective, with a 25%-30% variability depending on who’s measuring. There is up to a 30% chance of misdiagnosis for diseases such as Parkinson’s. The lack of data has resulted in just a 6% approval rate for neurological therapeutics, less than half the approval rate for non-neurological drugs.
Digital markers extracted from video with NeuraLight’s technology can provide an accurate snapshot of a person’s neurological status, enabling pharmaceutical companies to develop better products that reduce misdiagnosis and accurately and sensitively measure disease progression.
The goal is to “establish a novel standard for neurological disorders, for progression, monitoring and diagnosis, but to start with pharma as a decision-making tool,” Micha told TechCrunch. “We’re on an urgent mission to make a real impact — this isn’t academic.”
WHY KOCH INVESTED:The funding round will support NeuraLight as it works to improve the design of neurological clinical trials and help advance new treatments.
“NeuraLight's precise friction-reducing breakthrough to create digital biomarkers can transform the field of neurology – from early detection to drug discovery,” saidEli Groner, managing director at Koch Disruptive Technologies. “We are very excited about the implications for humanity.”
GO DEEPER:Koch Industries has recently invested more than $3 billion in health care tech, with KDT’s investment in NeuraLight the latest example of a continued focus on improving health care outcomes.
Read about the other health care-focused investments in KDT’s portfoliohere, and follow NeuraLight’s latest developments onLinkedInandTwitter.