Neurable's unique electroencephalography (EEG) AI technology records wearers' brain activity in a non-invasive manner. The company is also working on expanding its product portfolio to include earbuds, helmets, and various head-worn devices. Following its Series A funding in 2020, Neurable has partnered with consumer wearable companies, including headphone company Master & Dynamic, and secured $5 million in contracts from the Department of Defense to further develop its technology.
Key takeaways:
- Neurable has raised $13 million for its brain-computer interface (BCI) technology that can work with everyday products, with the funding coming from Ultratech Capital Partners, TRAC, Pace Ventures, and Metaplanet.
- The company plans to use this funding to advance its platform technology and scale its licensing business for further development and experimentation across multiple industries.
- Neurable is working on making easy-to-use neurotechnology a reality, including through the upcoming launch of the Neurable AI-powered MW75 Neuro headphones.
- Neurable's AI-powered platform records wearers’ brain activity and gives people their brain data in a non-invasive manner, with the potential to solve a range of issues from healthcare to daily life.