Kernel Raises $53M in Series C Funding

kernel

Kernel, a Los Angeles, CA-based provider of Neuroscience as a Service (NaaS) platform, closed a $53M Series C round of venture financing.

The round was led by General Catalyst, with participation from Khosla Ventures, Eldridge, Manta Ray Ventures, Tiny Blue Dot and Kernel founder and CEO, Bryan Johnson. General Catalyst’s Quentin Clark also joins Kernel’s Board of Directors with this transaction.

The new capital will be directed towards further technology development and customer success.

Led by Bryan Johnson, CEO and Founder, Kernel provides a Neuroscience as a Service (NaaS) platform, which enables client or customer access to brain imaging devices and the ability to perform experiments remotely. The combination of the company’s custom-built hardware with the innovations of the NaaS ecosystem opens a wide variety of industries to neural data acquisition by accelerating, for example, discovery of biomarkers of cognition and brain health, improved A.I. for difficult tasks like computer vision, attention, translation, natural language processing, population-level neuroscience insights driving consumer, or social, choices and preferences and consumer-grade brain-computer interfaces.

Kernel has built two world-leading brain recording technologies, called Flow and Flux. Flux detects the magnetic fields generated by collective neural activity in the brain (i.e. magnetic flux); Flow detects cortical hemodynamics, which is representative of neural activity (i.e. blood flow).

FinSMEs

09/07/2020

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