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Crowdfunding campaign reached 1000% success

February 21, 2024

We are thrilled to share the exciting news that our Spreds campaign has been a resounding success! Thanks to your generous contributions, we have achieved maximum results. We were able to raise 750, 000 euros and were backed by over 120 investors. 

Your contribution plays a pivotal role in our mission to bring voice to those who need it the most, especially individuals grappling with dysarthria. MindSpeaker is committed to restoring natural communication for paralyzed patients who have lost their ability to speak. Our patented Brain-Computer-Interface (BCI) algorithms, coupled with a wearable EEG headset, enable mind controlled communication, aiming to decode speech directly from patients' brain waves. Simply by attempting to communicate, MindSpeaker vocalizes complete sentences in the patient's authentic voice.

Focusing on individuals facing loss of speech due to paralysis, MindSpeaker offers bespoke solutions that adapt to the evolving needs of patients suffering from Cerebral Palsy, Amyotrophic Lateral Sclerosis, Multiple Sclerosis, and Parkinson’s Disease. Two critical components for the success of our Alternative Augmentative Communication solution are the patient’s willingness to communicate and the cognitive ability to do so.

To grasp the broader impact of your contribution, consider the prevalence of medical conditions requiring Alternative Augmentative Communication solutions worldwide. Conditions like Stroke, Cerebral Palsy, Amyotrophic Lateral Sclerosis, Traumatic Brain Injury, Multiple Sclerosis, and Parkinson’s Disease affect nearly 160,000 new people annually in the United States alone. Pro rata, this translates to approximately 3.8 million yearly cases globally, 215,000 in the EU, and 5,600 in Belgium.

Your support extends far beyond geographical boundaries, making a substantial difference in the lives of numerous individuals worldwide.

As we celebrate the resounding success of our campaign, achieving an astounding 1000% success rate, we are emboldened by your trust and commitment to our cause. With this momentum, we look forward to future fundraising campaigns that will propel us towards the fulfilment of our ambitious mission. Stay connected with us as we grow, as your continued support is paramount.

Thanks to your support, our mission is now under way, and it wouldn't be possible without the support of each and every one of you. Together, we will give back a voice to the voiceless!