Cognixion, a Santa Barbara, Calif.-based neural interface startup, raised $12 million in a seed funding round by Prime Movers Lab, with co-investors Northwell Health, Amazon Alexa Fund, and Volta Circle.
The company intends to use the funds to develop new adaptive interfaces for Assisted Reality technology.
Company: Cognixion Inc
Round: Seed Round
Funding Month: November 2021
Lead Investors: Prime Movers Lab
Additional Investors: Northwell Health, Amazon Alexa Fund, and Volta Circle
Company Website: https://www.cognixion.com/
Software Category: AI-powered neural interfaces
About the Company: Led by Andreas Forsland, Founder and CEO, Cognixion is a neural interface startup advancing AI-powered neural interfaces that enable speech and smart home controls for hundreds of millions of people worldwide with communication and physical disabilities. Its patented non-invasive, wireless brain-computer interface with an integrated augmented reality display, Cognixion ONE, detects the signals from the user’s brainwaves associated with the visual fixation on interactive objects and enables hands-free, voice-free control of AR/XR applications in the headset. Cognixion ONE is a closed-loop device that stimulates the visual cortex within the brain and reads its activity while sending control signals back to the AR application. It also integrates with leading research software.