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Panakès Allies is a Venture Capital firm, based in Milan, which invests in the most ambitious business and groups, creating advanced technologies and products, in the area of life scientific researches, intending to enhance the lives of individuals around the globe.

Established in 2010 by Dr. Ross 'Neill, CHIEF EXECUTIVE OFFICER, Neuromod Devices is a medical modern technology company that is experts in the style and growth of neuromodulation technologies to deal with the scientific demands of underserved individual populations who cope with chronic and debilitating problems.

The United States is a huge market, 40 per cent of the global hearing-aid market, Bookmarks and 50 million Americans have ringing in the ears," claimed Dr 'Neill, the firm's owner, noting that the US department of protection's division of seasoned affairs is the largest buyer of hearing aids worldwide, purchasing concerning 800,000 a year to service 1.5 million professionals with hearing loss.

The most recent funding - which greater than doubles the cash the NUI Maynooth spin-out has actually increased since it was founded in 2010 - is split equally between venture financial obligation financing from the European Financial investment Bank and brand-new equity financial investment.