Wispr, a San Francisco, CA-based frontier-tech consumer electronics company, raised $10m in equity and debt as part of its Seed II.
Major investors in this round include Neo, Triple Point Capital, MVP Ventures, and Fred Ehrsam, the co-founder of Coinbase and Paradigm Ventures. Their previous investors, including New Enterprise Associates (NEA) and 8VC, also increased their ownership in the company. Wispr also brought on some new angel investors like Tom Oxley (CEO of the neurotech startup, Synchron), and Arash Ferdowsi (co-founder and CTO of Dropbox). This brings the total capital raised by Wispr to $14.6m.
The company intends to use the funds to accelerate growth and expand operations.
Led by CEO Tanay Kothari and CTO Sahaj Garg, Wispr AI is building natural interface to interact with technology and bring it to every human on the planet. Wispr’s team is reminiscent of early teams at Apple, Sony, and General Magic. The team includes Anthony Leonardo(previously a group leader at Janelia, best known for his experiment on dragonflies), and Ian Nauhaus (who was a tenured professor at UT Austin and left his position to join Wispr full-time), among numerous other PhDs and postdocs. Advisors include Chester Chipperfield (who was the Global Creative Director at Tesla and previously led the launch of the Apple Watch I) and Reid Harrison (one of the inventors of the Utah Array, the first FDA-approved brain implant).
FinSMEs
25/10/2022