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InteraXon Nets $11 Million New Venture Equity

Tuesday, April 28, 2015 5:46:00 AM PDT | VentureDeal
   Toronto, Canada  --  Electronics technology company InteraXon has received $11 million in venture capital financing, according to an SEC regulatory filing.

InteraXon has developed a brain sensing headband that helps users to improve their mental fitness.

The company says its product can help users improve how they respond to stress, improve their emotional state and form better habits.

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

InteraXon is still seeking $1.6 million in additional financing, according to the filing.

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