Neuro Startup NextMind Scores Investment For Noninvasive, AI-based Consumer Brain Computer Interface

Posted: Dec 12 2018, 8:40am CST | by , in Technology News

Neuro Startup NextMind Scores Investment for noninvasive, AI-based Consumer Brain Computer Interface

Neurotechnology startup NextMind announced today it has raised $4.6 million in funding to bring its direct brain command solution to technology integrators and game developers in 2019. NextMind is developing a discrete noninvasive brain-sensing device for the mass market that will allow users to play games and control electronic and mobile devices, including virtual and augmented reality headsets, in real time using just their thoughts.

NextMind combines new brain-sensing technology with innovative machine-learning algorithms to translate brain waves into direct digital commands, making it easier for end users to navigate the computer systems they’re using. Utilizing its brain-sensing technology, NextMind analyzes neural signals from the brain and translates them into digital commands or feedback instantaneously on a wireless digital interface.

The idea of brain-computer interfaces is not new. The problem so far is usability. NextMind has apparently a solution for this problem.

Through the combination of artificial neural networks and neural brain signals, NextMind can decode a user’s intention in real time, creating a robust and more organic translation of human neural activity. With decades of experience in the field of neuroscience research and having published more than 50 discoveries in peer-reviewed journals such as Science, Nature, and the Journal of Neuroscience, NextMind’s team of brain specialists has an advanced understanding of how to capture neurophysiological signals in a noninvasive manner and turn them into meaningful data that can be used to create innovative neural interfaces.

This recent funding round features a $1 million innovation award from BPIFrance and investments from private contributors who include notable technology entrepreneurs David Helgason, founder and former CEO of Unity Technologies, and Sune Alstrup Johansen, founder and former CEO of The Eye Tribe.

“We’re honored to have gained such incredible support and excited that our years of research will result in bringing this new approach for neural interfaces to the mass market,” said Sid Kouider, founder of NextMind. “Our product has the ability to improve the way people interact with their computers, and I’m thrilled to have some of the greatest minds in sensor technology and gaming collaborating with us.”

NextMind anticipates introducing its hardware and software in 2019.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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