Nexstim logo — We enable personalized and effective therapies and diagnosti...

Nexstim

We enable personalized and effective therapies and diagnostics for challenging brain diseases and disorders.

Founded 2000 Finland Finland 52 employees Post-IPO Debt Total: $28.96M Biotechnology, Health Care +2

General Information

Company Name Nexstim
Founded Year 2000
Location Finland Finland
Employees 52
Industries Biotechnology, Health Care, Health and Wellness +1
Funding Stage Post-IPO Debt
Social

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About Nexstim

Nexstim is a Finnish medical technology company committed to enhancing the quality of life for patients with significant unmet clinical needs. Founded in 2000 in Helsinki, Finland, Nexstim has a global presence and a mission to enable personalized and effective therapies and diagnostics for challenging brain diseases and disorders.

The company has developed SmartFocus®, a world-leading non-invasive brain stimulation technology which encompasses navigated transcranial magnetic stimulation (nTMS) with highly sophisticated 3D navigation providing accurate and personalized targeting of the TMS to the specific area of the brain. This technology is utilized in Nexstim’s proprietary Navigated Brain Therapy (NBT®) system, FDA cleared for the treatment of major depressive disorder (MDD) in the United States, and CE marked for the treatment of major depression and chronic neuropathic pain in Europe.

Furthermore, Nexstim is commercializing its SmartFocus® based Navigated Brain Stimulation (NBS) system for diagnostic applications, the only FDA cleared and CE marked navigated TMS system for pre-surgical mapping of the speech and motor cortices of the brain. Nexstim shares are listed on Nasdaq First North Growth Market Finland. The company's last investment of €960.00K was a Post-IPO Equity investment on 18 June 2018 which was provided by Capricorn Venture Partners.

Business keywords: Medical Technology, Brain Stimulation, Diagnostic Devices, Transcranial Magnetic Stimulation, Neurological Disorders, Navigated Brain Therapy, FDA Approved, CE Marked, Mental Health, Major Depressive Disorder, Chronic Neuropathic Pain, Finnish Medical Technology Company, Nasdaq Listed, Personalized Therapies, Non-invasive Brain Stimulation

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Post IPO Debt €1.50M 1
Finnvera Venture Capital
27 Jun 2024
Post IPO Equity €960.00K 1
Capricorn Venture Partners
18 Jun 2018
Post IPO Equity €1.75M -
25 Oct 2017
Post IPO Equity $3.75M -
21 Dec 2014
Venture Round €2.00M 1
Capricorn Venture Partners
11 May 2011
Venture Round €11.00M 6
Tesi, HealthCap +4
26 Jan 2011
Venture Round €8.00M 4
Tesi, HealthCap +2
06 Sep 2007

Nexstim Alternatives & Competitors

Nexstim vs
Neuronetics, Inc.
Neuronetics, Inc. United States

Non-drug, safe, effective treatment for depression and other mental health conditions.

Post-IPO Debt
220 employees
Biotechnology, Health Care
Nexstim vs
BrainsWay
BrainsWay United States

Global leader in advanced noninvasive neurostimulation treatments for mental health disorders.

Post-IPO Equity
132 employees
Biotechnology, Health Care

FAQ About Nexstim

We enable personalized and effective therapies and diagnostics for challenging brain diseases and disorders.
Nexstim was founded in 2000.
Nexstim is headquartered in Finland.
Nexstim operates in Biotechnology, Health Care, Health and Wellness and Medical Devices. Its work centres on Medical Technology, Brain Stimulation, Diagnostic Devices and Transcranial Magnetic Stimulation.
Nexstim has approximately 52 employees.
Nexstim has completed 7 funding rounds, raising a total of $28.96M. The latest funding stage is Post-IPO Debt.
Top alternatives and competitors to Nexstim include Neuronetics, Inc., BrainsWay. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Nexstim and Neuronetics, Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Nexstim, https://bouncewatch.com/company/nexstim, updated 2 December 2024. When citing, please name BounceWatch and link this page.

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