NextMind, a Paris, France-based neurotechnology startup developing a noninvasive, AI-based brain-computer interface geared to the mass market, raised $4.6m in funding.
The round features a $1m innovation award from BPIFrance and investments from David Helgason, founder and former CEO of Unity Technologies, and Sune Alstrup Johansen, founder and former CEO of The Eye Tribe.
The company intends to use the funds to bring its direct brain command solution to technology integrators and game developers in 2019.
Led by Sid Kouider, founder, 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 their thoughts.
The company’s device 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.