Business

Belfast weight-loss device attracts £1.2m in online fundraising

Dr Jason McKeown with the Modius weight-loss wearable device, which has attracted £1.2 million of online donations on the IndieGoGo website
Gareth McKeown

A Belfast tech company behind a revolutionary weight-loss system, has raised over £1 million through an online fundraising campaign.

Neurovalens received almost £1.2 million during its 60 day IndieGoGo campaign for its Modius headset, the most successful fundraising campaign ever run by a Northern Ireland company on the platform. The campaign raised money from more than 4000 customers across 84 countries and has allowed the company to expand its world-class team and start exporting products worldwide.

Chief executive officer Jason McKeown said: “Neurovalens exists to improve lives through neuroscience, and for our first product to receive such an overwhelming response from around the world tells us we have a significant market opportunity, and that people want wearables which actively help them.

“We see Modius as the first generation of ‘careable technology', in our case helping people get lean through stimulation of the vestibular nerve – we know we can help adults with weight-loss and weight-management. We think we're in the early foothills of a neuroscience-led revolution in global health."

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