MindLabs, a London, UK-based digital mental health company, raised £1.4m in pre seed funding.
The round was led by Passion Capital, with participation from Seedcamp, Alex Chesterman OBE (founder of Cazoo and Zoopla), Neil Hutchinson (founder of the Forward Internet Group), Steve Pankhurst (founder of FriendsReunited), James Hind (founder of Carwow) and Jack Tang (founder of Urban).
The company intends to use the funds to grow its engineering, video production and content teams and to continue to develop the platform ahead of launch next year.
Founded by Adnan Ebrahim and Gabor Szedlak, who previously ran the VC-backed automotive phenomenon Car Throttle, MindLabs will combine live video from professionals in therapy, psychology and mindfulness with an online community and analytics allowing users to track their current levels of stress or relaxation. By allowing people to track progress using a range of sensors, including EEG, the app aims to help them rewire their minds through neuroplasticity, enabling strengthening of the neural pathways associated with being in a calm mental state.