As we discussed in our previous article, digital-physical and mental health are extremely popular right now. There are many reasons why backers want to invest in the wellbeing sector, not least the obvious social and economic benefits.

Having recorded stable growth over the past couple of years, the Czech medical technology sector is now worth around €870 million a year. As our team is based in the Czech Republic, in this article, we would love to explore the top 6 mental health startups to watch from the CZ.

1. Terapi.io

If you don't know where to go and have no one to talk to, and whatever the reason, a therapist is someone you can always turn to with confidence. The Terap.io platform will help you find the best therapist possible for your needs, as soon as possible, in an online environment.

Since the initial launch, the platform has managed to serve over 1,500 clients, largely due to the pandemic, all within the Czech Republic - less than six months after its inaugural launch.

Terap.io was born based on real-life experience with mental health struggles.

Learn more: https://terap.io

2. Mindpax

Bipolar disorder is a brain disorder that causes rapid changes in a person's mood, energy, and ability to function. Since treating this type of illness is a lifelong and demanding process, Czech startup Mindpax decided to help. With their telemedicine tool, they ensure relapse in bipolar disorder and psychotic illnesses is prevented.

Originally created in the Czech Republic, now the platform is having a big success in the German market.

As true HealthTech industry explorers, it was our honour to help Mindpax develop their solution and present it to the world. Check our case study for Mindpax case study.

Learn more: https://www.mindpax.me

3. Psyon. Psychedelics can help.

Investment capital was flowing into psychedelics in 2020, and it will continue well into 2021. Psyon startup is a specialized professional facility, focusing on the therapeutic use of psychedelics in the treatment of mental illness.

They are the first European clinic to provide ketamine-assisted psychotherapy (KAP) as an alternative to common depression treatments.

Ketamine is a medication that is commonly used for general anesthesia during surgery, particularly in children. As an antidepressant, ketamine is used in much lower doses that do not induce general anesthesia.

Learn more: https://www.psyon.cz/

4. AlzheimerChain

Alzheimer's disease is a progressive, degenerative brain condition. The symptoms usually develop gradually over many years and eventually can become severe by affecting multiple brain functions.

AlzheimerChain connects the novel Fin-tech industry with screening and preventive initiatives and brain disease research to offer alternatives to the existing, frequently inefficient ways Alzheimer's disease research funding uses.

Learn more: https://www.alzheimerchain.com

5. HealthMode - Measurement Solutions for Next Generation Medicine

In terms of physical health, new and innovative solutions can greatly improve our lives and even our safety. HealthMode startup helps pharmaceutical companies to create and integrate custom monitoring solutions that help to perform continuous monitoring of physical health.

HealthMode offers a representative data collection, objective assessment of therapeutic progression, model individual disease trajectory, and can even precisely predict prognosis.

Learn more: https://healthmode.com

6. VOS.health

Last but not least, VOS.health - a self-reflection company, which released its first mental health product in November 2020. The app allows you to journal about your feelings, track mood on a frequent basis, perform and practice breathing exercises, and connect to your Apple Heath and Google Fit data.

The VOS app is very fresh on the market but has already managed to gain 30,000 members and a community base of active users. It surprises the users with new features on a bi-weekly basis, and plans for 2021 are even more ambitious. The Miton Group invested five million crowns in the development of the application last year, while another investment round is currently underway.

Learn more: www.vos.health 

Statistically, 265 million people suffer from anxiety and depression around the globe. The second leading cause of death is suicide - before Covid-19, our world was already modern but wasn't adapted to modern mental health needs. Now, we are on the right path, but there is still much room for improvement.