Brain Health Startup Ivory Raises USD 1 Mn Funding
Mumbai-based brain health startup Ivory has secured USD 1 million in a fresh funding round co-led by IIM-A Ventures and Capital-A. The round also saw participation from 1Crowd, Stanford Angels, and angel investors including Dr. Sanjay Arora, Adarsh Narahari, and Juhi Bhatnagar.
The funds will be used to strengthen Ivory’s clinical-grade digital assessment technology and expand distribution across India. Founded in October 2022 by Issac John (CEO) and Rahul Krishnan (CPO), Ivory focuses on early detection of cognitive decline and proactive brain health management. The startup offers FDA-registered cognitive assessments and personalized brain training programs through its mobile app.
“At Ivory, we are building for a future where brain health is prioritized just like physical health,” said Issac John, Co-founder and CEO. “As people move into their 40s and beyond, Ivory’s early detection and intervention-led approach towards cognitive risks will play a pivotal role in reducing society’s healthcare burden.”
Ivory’s solution has gained traction among clinicians, psychologists, corporates, and insurers, partnering with brands like Ather Energy, WeWork, and PUMA. The company recently released India’s first Brain Health Report and appeared on Shark Tank India Season 4, further boosting visibility.
Construction Tech Startup MatBook Raises USD 750K Funding
MatBook, a construction tech startup, has raised USD 750,000 in a pre-seed funding round led by Seedstars International Ventures, Fluent Ventures, and Everywhere Ventures, with participation from angel investors linked to Autodesk and Amazon.
The funds will be used to enhance its AI-powered platform, expand US operations, and grow its sales, tech, and operations teams. MatBook connects US contractors and distributors directly with vetted manufacturers, offering integrated logistics, quality control, and financing.
Founded by Harsh Badera, Nasir Hussain, Raghav Malhotra, and Shubham Sharma, MatBook addresses persistent supply chain inefficiencies in the construction sector. The platform supports green building compliance with features like Environmental Product Declarations.
Both Ivory and MatBook are poised to revolutionize their respective industries with their innovative approaches and fresh funding.