Dakim, for exercising aging brains, raises $10.6M
Dakim makes a product called the [m]Power Cognitive Fitness System, a combined hardware/software system for seniors that helps keep their minds in shape, and ward off the effects of old age.
While the system can be used by anyone, it’s also set up to be used by older people suffering from Alzheimer’s disease or senile dementia.
A private equity firm called Galen Partners led the round, and is the only institutional investor to have put money into the company. Based in Santa Monica, Calif., Dakim has taken two previous investments.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.