PsyTech VR, founded in 2020 and made up of experts in psychology, neuroscience and technology, is committed to bridging the gap in affordable yet efficient mental healthcare through its immersive technology based on multiple 360-degree scripted videos.
Its aim is to revolutionise the treatment of mental disorders. It promotes the wellbeing of its customers by overcoming stress, anxiety and anger. The company mainly targets psychiatrists and psychologists who want to use virtual reality during their sessions, in particular to speed up diagnosis and therapy while remaining effective, accessible and easy to use.
We would be delighted to increase the number of our partners who also want to revolutionise the world of mental health and bring virtual reality into people's everyday lives.
PsyTech VR provides healthcare professionals and patients with a virtual reality headset containing an application with a wide choice of videos depending on the problem expressed. How does it work? The patient wearing the headset and sensors opens the resource and is plunged into a situation in which he or she has to confront his or her fear. The specialist also has a dashboard at his disposal, enabling him to analyse all the patient's reactions.
This technology can be applied to a wide range of situations, including people who need to manage their stress with breathing exercises, such as athletes.
The startup’s users come mainly from the United States, with a few from the Middle East. As part of Luxinnovation’s Fit4Start programme, it hopes to continue to grow, particularly in Europe. PsyTech VR expects to have a 50% share of the global market within the next five years
Originally published in French by and translated for Delano