What You Should Know: - Komodo Health, a company delivering patient-level insights by dynamically analyzing the broadest array of data across patients, practitioners, and health systems. today announced a new partnership with AppliedVR, the leader in therapeutic virtual reality (VR) for pain management. - Using Komodo’s technology, AppliedVR will combine its proprietary insights with Komodo’s real-world data to conduct clinical research into the efficacy, cost savings, and health system
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XRHealth Awarded Patent to Measure Sway and Conduct Fall Risk Assessment
What You Should Know: XRHealth received a patent to measure sway and conduct a fall risk assessment in virtual and augmented reality. XRHealth, the leader in extended reality and therapeutic telehealth applications, announces today that they received a patent to measure sway and conduct a fall risk assessment using virtual reality and augmented reality therapy. Assessing Postural Sway in Virtual Reality or Augmented Reality Patent The patent is entitled “Assessing
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AppliedVR Awarded FDA Approval for VR Therapeutic for Lower Back Pain
What You Should Know: - AppliedVR, an L.A.-based advancing the next generation of immersive therapeutics, today announced that the U.S. Food and Drug Administration (FDA) has granted de novo approval for its flagship immersive therapeutic, EaseVRx, to treat chronic low back pain, which previously received breakthrough device designation in 2020. The news also comes on the heels of AppliedVR announcing its $36M series B funding round, bringing its total funding to $71M. - Following
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AppliedVR Secures $36M to Scale Therapeutic Virtual Reality Platform for Pain Management
What You Should Know: - AppliedVR, a Los Angeles, CA-based company advancing the next generation of immersive therapeutics, today announced $36 million in series B funding, bringing its total funding to $71M. The round, which included investments from F-Prime Capital, JAZZ Venture Partners, Sway Ventures and SVB Ventures, set up AppliedVR for rapid growth as it prepares for its decision from the FDA on its first de novo submission. - Virtual reality provides an immersive experience that
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TRIPP Launches First Augmented Reality Experience On 5G-Powered Glasses
What You Should Know: - TRIPP, a Los Angeles, CA-based XR wellness and digital psychedelic platform, today announced its continued expansion beyond virtual reality into augmented reality (AR), launching on Nreal’s mixed reality glasses in Japan, Korea, Hong Kong, Germany and Spain. TRIPP was also selected as one of six companies to join T-Mobile’s Wellness Accelerator Program, working directly with technologists and business leaders at T-Mobile to build other 5G-powered experiences that
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Ketamine One, OVR Technology Partner to Provide Scent-Enabled Virtual Reality for Patients
What You Should Know: - Ketamine One is now collaborating with OVR Technology to provide a first-of-its-kind VR scent experience as part of its patient treatment programs to provide its INHALE Wellness Platform over an initial term of two years in Ketamine One’s clinics. The INHALE Wellness Platform is an olfactory-enabled VR platform designed to deepen immersion, promote relaxation and help manage stress. As part of the agreement, OVR Technology will provide its proprietary technology and
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TRIPP Acquires PsyAssist to Support Patients with VR-Powered Psychedelic Therapy
TRIPP, the fastest-growing digital psychedelics platform today acquired PsyAssist to commercialize a first-of-its-kind offering that supports the psychological healing journey of patients in psychedelic-assisted therapies. Financial details of the acquisition were not disclosed. The acquisition will empower psychotherapists and patients to safely and effectively use TRIPP’s VR, AR, and mobile experiences for ketamine-assisted therapy, and clinical trials of MDMA, and psilocybin
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Rendever Awarded $2M NIH Grant to Research Impact of Virtual Reality on Aging Population
What You Should Know: - Rendever, a Boston-based virtual reality (VR) platform built to help seniors overcome social isolation through shared experiences, announces that it has been awarded a $2M Phase II Grant from the National Institute on Aging (NIA), a division of the National Institutes of Health (NIH). - This grant will fund a registered multi-site clinical trial, in conjunction with the University of California Santa Barbara, to further Rendever’s continued research on the effects
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XRHealth, Reducept Offer Patients Virtual Reality Therapy for Pain Management
What You Should Know: - XRHealth, extended reality and therapeutic apps, announced today that they are working with Reducept to expand their offering to patients for virtual reality therapy for pain management. Virtual reality technology provides exercises that train people suffering from chronic pain on how to gain control over pain, potentially reducing the need for medication. - The XRHealth and Reducept partnership was designed for individuals experiencing ongoing
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TRIPP Secures $11M to Expand Digital Psychedelic Wellness Platform for Mental Health
What You Should Know: - TRIPP, a Los Angeles-based digital psychedelic platform, announced it has raised $11M in funding led by Vine Ventures, and Mayfield with equal participation from Integrated. TRIPP’s Series A also includes particpation from AlphaBridge Ventures, Beni VC, Berkeley Club, CJ Group, CTR Capital, Evolution, Robert Goldberg, Tony Greenberg, Grit VC, Incisive Ventures, Inflect Health, Iter Investments, Joanna Popper, Jim Dew, Joe Polish, JLS Fund, Lionheart Ventures,
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