Healium, a virtual reality biofeedback company, has announced that it has raised $3.6 million in its latest funding round. The investment will be used to further develop and expand the company’s virtual reality platform, which uses biofeedback technology to help users manage stress and anxiety.
Healium’s virtual reality platform allows users to experience virtual environments designed to induce relaxation and reduce stress levels. The platform uses biofeedback technology to measure the user’s heart rate and other physiological indicators, which are then used to adjust the virtual environment in real time. For example, if the user’s heart rate increases, the environment may change to one that is more calming or relaxing.
Healium’s platform has already gained significant traction in the healthcare industry, with the company partnering with hospitals and clinics to provide virtual reality therapy to patients suffering from anxiety, depression, and other mental health conditions. The platform has even been used by athletes to help manage stress levels and improve performance.
In a statement, Healium CEO Sarah Hill expressed her gratitude for the support of the company’s investors and highlighted the potential impact of the platform. “This funding will allow us to continue our mission of improving mental wellness and provide access to our ground-breaking technology to even more people around the world,”.
The investment in Healium reflects the growing interest in virtual reality and biofeedback technology as a means of addressing mental health issues. With stress and anxiety levels on the rise, particularly post-pandemic, there’s a growing need for innovative solutions to help people manage their mental health.
Healium’s latest funding round represents a significant milestone for the company and underscores the potential of its virtual reality platform to revolutionise the way we approach mental health. As the company, and more like it, continue to grow and develop technology, it’ll be exciting to see the impact it has on individuals and healthcare providers alike.