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Funding Round

Elemind raises $32M Series B for closed-loop sleep enhancement wearable

VentureBeat4/14/2026ยท04/14/26๐ŸŒ USA

Summary

Elemind closed a $32M Series B led by General Catalyst with True Ventures, Rock Health, and Alexandria Venture Investments. The round will fund a 500-person pivotal study for their closed-loop auditory stimulation sleep device, a consumer launch in Q1 2025, and expansion of their indication pipeline to include anxiety and cognitive performance.

Why it matters

General Catalyst has a strong track record in neurotech, having led rounds for multiple companies in this report. Their Series B lead for Elemind signals confidence that the wearable closed-loop sleep market is ready for commercialization beyond research.

#Sleep Tech#Wearables#Closed-Loop#USA

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