Neuro-tech startup Mave Health raises $2.1 M led by Blume Ventures

Bengaluru-based neurotechnology startup Mave Health has raised USD 2.1 million (about INR 18 crore) in a seed funding round led by Blume Ventures. Participating investors included Inuka Capital, Stanford Angels, the founders of Groww, Raymond Russell, Aureolis Ventures, Juhi Bhatnagar (Forj Capital), and existing investor All In Capital.This funding follows a USD 750,000 pre-seed round raised in November 2023.Founded in 2023 by Dhawal Jain, Jai Sharma, and Aman Kumar, Mave Health develops non-invasive wearable headsets designed to improve focus, mood, and stress regulation. The fresh capital will be used to launch its wearable headset in the US and India and to scale manufacturing capabilities.