Global Brain has invested in LIFESCAPES Inc. (LIFESCAPES), a company that provides Brain Machine Interface equipment to treat severe paralysis after stroke, through its JGC MIRAI Innovation Fund L.P. (JGC MIRAI Innovation Fund).

Stroke is designated as one of the five major diseases in the world, and it has been said that there is no cure for severe paralysis in motility disorder that occurs after the stroke at a rate of one-third. LIFESCAPES is developing a medical device aiming to treat severe paralysis, which has been considered impossible to treat, by utilizing the Brain Machine Interface (BMI) and drawing out the plasticity of the brain.

Global Brain has decided to invest in LIFESCAPES for its product advantages, management with expertise in BMI and AI, and unmet medical needs. Taking this investment as an opportunity, we will contribute to the business growth of LIFESCAPES in collaboration with JGC JAPAN CORPORATION.

About LIFESCAPES

Location
Minato-ku, Tokyo, Japan
Representative
Junichi Ushiba
Founded
May 2018
URL
https://lifescapes.jp/
(Available only in Japanese)

About JGC MIRAI Innovation Fund

Name
JGC MIRAI Innovation Fund L.P.
General Partner
Global Brain Corporation
Fund Size
JPY 5 billion
Fund Term
10 years

About Global Brain

Location
Tokyo, Japan
Representative
Yasuhiko Yurimoto
Founded
January 1998
URL
https://globalbrains.com/