STARTUP PROFILE

Grey Matter Neurosciences

COUNTRY
Canada
FOUNDED
2024
CATEGORY
Neuromodulation
Developing portable, focused ultrasound headset to non‑invasively stimulate deep brain circuits and improve cognition in Alzheimer’s disease.
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Neurofounders Insights
$   Funding   -
Seed
MODALITY
Ultrasound
FORM FACTOR
Headset/cap
INTERFACE DEPTH
Non-invasive
INDICATION
Dementia/impairment
TARGET USER
Patients
REGULATORY STAGE
Investigational
Grey Matter Neurosciences is developing focused ultrasound neuromodulation for Alzheimer’s, targeting deep brain circuits non-invasively. It remains early-stage but aligned with a growing interest in ultrasound therapies.
Mentioned in Market Notes
MOST RECENT COVERAGE
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7
Measuring What Works
4 August – 18 August 2026

Grey Matter Neurosciences named treatment-resistant depression as its first clinical focus and launched a patient registry to support recruitment. The Toronto company is commercializing focused ultrasound technology developed over the past decade at Sunnybrook Research Institute, designed to reach deep brain structures without surgery, incisions, or shaving the head. Its pilot study, targeting seniors and adults with treatment-resistant depression, is expected to begin in early 2027. The company frames depression as the first step toward a broader platform for brain disorders.

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