Life Arc announces it has participated in a £6 million financing round into Cumulus Neuroscience, formerly known as BrainWaveBank. The funding is led by Dementia Discovery Fund (DDF)/SV Health investors and supported by the UK Future Fund.

Cumulus Neuroscience is advancing a state-of-the-art platform that can capture physiological and digital biomarkers of disease progression and treatment response in patients, thus providing clinical trial data and AI-powered insights to accelerate the development of life-changing CNS therapies.

The platform is being co-developed with some of the world’s leading pharmaceutical companies and aims to greatly improve the robustnesss of neuroscience clinical trials by allowing more objective and precise assessment of drug candidates on a shorter timeline.

Melanie Lee Chief Executive Officer from LifeArc said: “LifeArc is pleased to invest in Cumulus Neuroscience’s platform, which we believe has strong potential to accelerate the development of life-changing CNS therapies, addressing an area of significant unmet patient need. This investment aligns with LifeArc’s interest in the power of the combination of data, AI and devices in healthcare.”

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For more information: 
0207 391 2700 
The announcement on (PDF)

Notes to editors

About LifeArc 

LifeArc is a self-funded medical research charity. Our mission is to advance translation of early science into health care treatments or diagnostics that can be taken through to full development and made available to patients. We have been doing this for more than 25 years and our work has resulted in a diagnostic for antibiotic resistance and four licensed medicines. 

Our success allows us to explore new approaches to stimulate and fund translation. We have our own drug discovery and diagnostics development facilities, supported by experts in technology transfer and intellectual property who also provide services to other organisations. Our model is built on collaboration, and we partner with a broad range of groups including medical research charities, research organisations, industry and academic scientists. We are motivated by patient need and scientific opportunity. 

Two funds help us to invest in external projects for the benefit of patients: our Philanthropic Fund provides grants to support medical research projects focused on the translation of rare diseases research and our Seed Fund is aimed at start-up companies focused on developing new therapeutics and biological modalities.

Find out more about our work by following us on LinkedIn or Twitter.