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NightWare Secures $1 Million in Investments, U.S. Air Force Grant

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What to know about the $1 million raise by NightWare:

  • NightWare, a Minneapolis-based technology company developing Apple-based software that interrupts nightmares of those who suffer from post-traumatic stress disorder (PTSD), has secured $1 million in investment and additional funding through a grant from the U.S. Air Force
    • Financial details of the grant were not disclosed
  • In an interview with the Star Tribune, NightWare CEO Grady Hannah said the funds will be used for commercial development and completing randomized clinical trials
  • NightWare previously raised $2.3 million in equity investments and $100,000 from the Minnesota Department of Veterans Affairs

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Alex Skjong
Alex Skjong
Alex oversees the content produced for BETA, Twin Cities Startup Week, and tech.mn. When he’s not writing or editing, there’s a good chance he’s enjoying a refreshing brew and explaining the merits of heavy metal (of which there are many).

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