$2 Million in Seed Funding for Digital Medicine Innovator Mobio Interactive
September 2, 2020 -- Digital health company Mobio Interactive (MI) has closed a $1.8 million USD Seed. Funds will advance the deep tech and clinical validation of Am Mindfulness ("Am"), which was the first and currently only meditation app to outperform placebo in randomised controlled trials. Also, unique to Am is the ability for app users to quantify their stress through an easy-to-use proprietary computer vision and machine learning tool (described here). When done before and after meditation training, the AI tool provides an objective assessment of which content is personally most effective for reducing stress. The resulting content recommendations then ensure that the practice of meditation is optimised for efficacy, at the level of each individual user.
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