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Lenire is a bimodal neuromodulation device which works by supplying light electric pulses to the tongue, with an intra-oral component called the 'Tonguetip ®', incorporated with auditory excitement with headphones to drive long-term modifications in the brain to deal with tinnitus.

Founded in 2010 by Dr. Ross 'Neill, CHIEF EXECUTIVE OFFICER, Neuromod Gadgets is a clinical technology firm that is experts in the layout and advancement of neuromodulation technologies to address the clinical needs of underserved individual populaces that live with devastating and chronic problems.

The US is a massive market, 40 per cent of the global hearing-aid market, and Bookmarks 50 million Americans have tinnitus," said Dr 'Neill, the company's founder, keeping in mind that the US department of defence's division of veteran events is the biggest purchaser of listening device internationally, purchasing regarding 800,000 a year to service 1.5 million experts with hearing loss.

The most up to date financing - which greater than doubles the cash the NUI Maynooth spin-out has increased given that it was founded in 2010 - is split evenly in between venture debt funding from the European Financial investment Financial institution and new equity financial investment.