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From groundbreaking research to securing significant funding and protecting novel intellectual property, the past year has been a major milestone for Neuro-Mod Inc., led by co-founder and CEO Stevie Foglia.
Inspired by his father's lifelong struggle with neuropathic pain following a spinal cord injury, Foglia set out to develop more accessible, effective pain management solutions. Today, Neuro-Mod is leveraging augmented reality (AR) and digital therapeutics to help patients manage chronic pain from the comfort of their homes.
Through extensive customer discovery, including 78 interviews with patients and clinicians, the company validated a strong need for more accessible treatment options and continues to build momentum toward commercialization.
One Year, Major Progress
One of the standout moments from this year's Investor Showcase was Neuro-Mod's recognition as the recipient of the Advanced Technology Solutions Pitch Excellence Award, sponsored by Osler, Hoskin & Harcourt LLP and the Ontario Centre for Innovation. The award recognizes the most compelling pitch presented in the Advanced Technology category and highlights the innovation, market potential, and impact of emerging ventures.
In the last year, Neuro-Mod achieved several key milestones to propel the company forward.
- Secured $385,000 in funding, including:
- $75,000 through McMaster University's Postdoctoral Entrepreneur Fellowship
- $260,000 through NSERC I2I, OBI NERVE, and OBI CORTEX programs
- $50,000 from the McMaster Faculty of Science Pre-Seed Fund
- Filed two patent applications, strengthening its intellectual property portfolio
- Joined The Forge Business Incubator Program, accelerating growth and commercialization efforts
Neuro-Mod's journey reflects McMaster’s mission of helping founders transform innovative ideas into solutions that create meaningful impact. As the company continues to advance its AR-powered approach to pain management, this promising venture is one to watch.
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