Nexstem, a pioneer in Brain-Computer Interface (BCI) technology, has successfully raised $3.5 million in a new funding round co-led by Info Edge India Ltd, Zupee, Smile Group, and Gruhas. The investment will support Nexstem’s mission to democratize neurotechnology and accelerate the global scaling of its flagship product, the Nexstem Instinct Ecosystem.
Nexstem Instinct, an AI-powered development kit, offers a customizable platform designed to simplify the complexities researchers and innovators face when working with biosignals. With Instinct, Nexstem aims to bridge human activity and technology through rapid deployment of BCI systems. This latest funding will help expand the Instinct Ecosystem, particularly across North America and Europe, and bolster Nexstem’s intellectual property portfolio with new patents.
As the BCI market is projected to grow rapidly, Nexstem is focused on driving advancements across sectors such as healthcare and consumer tech. Over the next three years, the company plans to introduce new product lines, extend its reach into additional sectors, and build a skilled team to support its vision.
Nexstem credited its team and investors for their ongoing support, underscoring the importance of talent in achieving its goals. The company continues to seek exceptional individuals to join its expanding team, with opportunities available at careers.nexstem.ai.
Featured image: Credit: Nexstem
