Canaery, a Gainesville, FL-based neurotech startup, raised over $4M in Seed funding.
The round was led by Breakout Ventures with participation from Dolby Family Ventures, KdT Ventures and SOSV.
The company intends to use the funds to accelerate the development of its scent-sensing platform.
Jointly founded by ex-DARPA engineering advisor Gabriel Lavella, former Allen Institute senior scientist Peter Ledochowitsch, and NYU Langone Health professor of neuroscience Dmitry Rinberg, Canaery is a neurotech startup that is digitizing the sense of smell to enhance the way people perceive and monitor their world. By combining olfactory evolution with advanced neural implant technology, the company aims to serve industries such as medical diagnostics, physical security and global supply chain monitoring.
With its proprietary neural interface based on nearly a decade of primary research, the company can detect every scent that enters the natural olfactory system of a working animal and wirelessly transmit the chemical signatures to the cloud for processing. All of this happens in seconds, even if the animal cannot consciously identify the scent. There is no special training required and no chance of accidental handler misdirection. Canaery can even identify scents that the animal may never have encountered before. The resulting continuous analysis can be used for early diagnosis of diseases, preventing the spread of invasive species, or identifying other scent-based signatures such as environmental hazards and explosives.
Canaery previously was part of the IndieBio class of 2021.
FinSMEs
01/07/2022