News

Gaelan Medical Reveals Smart Helmet To Treat Mental Disorders

The helmet is able to reach deep inside the brain and target a specific region through a method called transcranial stimulation.

Published

3 years ago

July 9, 2021

Joanna Melki

gaelan medical reveals a smart helmet to treat mental disorders

The percentage of young adults experiencing certain types of mental health disorders around the world has increased significantly over the last decade. We can blame our increasingly digital way of life, the impact of social media, or various other social and even environmental factors. But regardless of what the root cause is, the impact is always the same: people living less satisfying lives. The good news is that there are many health-tech companies that are actively trying to treat mental disorders using state-of-the-art technology. Among them is UAE-based healthcare and beauty distribution company Gaelan Medical.

During Arab Health 2021, a global healthcare event that took place in June at the Dubai World Trade Center, Gaelan Medical unveiled its smart helmet, which uses artificial intelligence and deep transcranial magnetic stimulation to treat depression, obsessive-compulsive disorders, and smoking.

“The new device uses innovative technology, which requires less time and offers maximum comfort to the patients,” said Ammar Martini, Board Directors Member and Medical Scientific Officer at Gaelan Medical.

The helmet is able to reach deep inside the brain and target a specific region through a method called transcranial stimulation, making it completely non-invasive and thus comfortable for its user.

Also Read: Israeli Engineers Create Gadget That Fights Panic Attacks

Now that the helmet has been officially revealed to the whole world, Gaelan Medical would like to make it available to as many people as possible. “We have already built a base of integral partnerships in the region, and we look forward to expanding our relations, developing along the way a better future with care and cure,” said Bino John, Division Head at Gaelan Medical during the Arab Health 2021 event.

Hopefully, smart health products such as Gaelan Medical’s helmet will soon be not only available across the world but also affordable enough so that all people who suffer from mental health issues can use them.

Related Topics:Dubai United Arab Emirates

Up Next

Samsung’s Upcoming Galaxy Device Lineup Has Been Leaked

Don't Miss

Data Of 700 Million LinkedIn Users Is For Sale On The Dark Web

Click to comment

News

Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

Published

1 day ago

July 25, 2024

Nour Nasir

Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.