Charco Neurotech

Charco Neurotech

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Private Company

Total funding raised: $1.7M

Overview

Charco Neurotech is a private, commercial-stage medical device company founded in 2019 in London. It has developed and launched the CUE1/CUE1+, a wearable device that uses pulsed cueing and high-frequency focused vibrotactile stimulation to manage Parkinson's disease symptoms. With over 3,000 users, pilot data suggests clinically significant improvements in motor scores. The company operates on a direct-to-consumer/medical device sales model and is supported by design, engineering, and clinical expertise.

Parkinson's Disease

Technology Platform

Wearable device delivering focused, high-frequency vibrotactile stimulation and pulsed cueing to the peripheral nervous system to modulate sensory processing and alleviate motor symptoms.

Funding History

2
Total raised:$1.7M
Grant$500K
Seed$1.2M

Opportunities

Large and growing global Parkinson's patient population with significant unmet need for non-invasive, daily symptom management solutions.
The shift towards digital health and remote patient monitoring creates a favorable environment for wearable therapeutic devices.
Real-world data collection via the app can provide valuable insights and support further product development.

Risk Factors

Requires robust clinical validation beyond initial pilot studies to gain widespread medical acceptance.
Reimbursement from healthcare payers is a major hurdle for adoption.
Faces potential competition from other neuromodulation devices and digital therapeutic platforms entering the Parkinson's space.

Competitive Landscape

Competes in the non-invasive neuromodulation and digital therapeutic space for Parkinson's. Potential competitors include companies developing wearable cueing devices, other vibrotactile stimulation technologies, and broader digital health platforms for neurological conditions. It differentiates through its specific focused vibration mechanism, discreet design, and integrated app for medication reminders and symptom tracking.