In a series-A financing round, the High-Tech Gründerfonds (HTGF), Innovationsstarter Fonds Hamburg, Quotas Beteiligungs GmbH, and Bigpoint founder Heiko Hubertz are investing in the medical start up Sonormed GmbH from Hamburg, Germany.
Confirmed By Clinical Trials
With Tinnitracks, Sonormed developed a multi-awarded audiology technology offering a tinnitus treatment based on clinical trials. By using the so-called Tailor-Made-Notched-Music-Training (TMNMT), Tinnitracks transforms everyday music into a targeted neuroacoustic treatment for tinnitus patients, including a new mobile solution.
Tinnitus can be treated by listening to music that has been specially filtered to remove certain frequencies that cause the patient’s tinnitus. This creates an audible notch in the sound spectrum of the music. In other words, it slightly alters the sound. The patient’s sense of hearing, however, is able to quickly adapt to this unfamiliar input. This systematically changed input can cause the brain to re-shift its imbalance between excitatory and inhibitory nerve signals in the auditory centre back towards a healthy balance between the two.
With Tinnitracks, the team developed a pioneering technology in the digital audiology. In no time, academic research results have been translated into a usable and accessible therapy for Tinnitus patient. With this technological know-how, Sonormed has the potential to significantly shape the growing e-health sector”, says Dr. Martin Pfister, Senior Investment Manager of the High-Tech Start-Up Fun.
Funds For Further Developments
“With the consortium led by HTGF and the Innovation Starter Fund,we have reliable and experienced partners at our side. It is an ideal combination of a strong network and experienced entrepreneurs that support us and set our course for further growth”, says Jörg country, co-founder and CEO of Sonormed.
The funds will be used for product development and further expansion. To promote its integrated solution, the company works together with ENT physicians, hearing aids experts, and the renowned audio specialist Sennheiser. Sonormed has already received with several innovation and entrepreneur awards for Tinnitracks. Named winner at the SXSW Accelerator in the “Digital Health and Life Sciences Technologies” category, Tinnitracks has also been ranked first in the EU-wide competition of the European Institute of Innovation and Technology in Eindhoven (EIT) and has been honoured as “Innovative ICT” by the Federal Ministry of Economics and Technology.
source and further details: