Deep-Tech Startup Nexstem Raises $3.5 Million To Accelerate Development In Neurotech
Bengaluru-based deep-tech startup Nexstem has raised $3.5 million in its latest funding round. The funding round attracted investors like InfoEdge, Zupee, Smile Group and Nikhil Kamath and Abhijeet Pai's Gruhas.
Nexstem said the investment will help scale its latest product ecosystem and expand its IP portfolio in the neurotech sector. The funds will also support global expansion, particularly into American and European markets.
Nexstem's product suite for brain computer interface—Instinct—leverages artificial intelligence-powered onboard compute module that supports analysis of bio-signals from the human body. By removing the cost barriers traditionally associated with BCI technology, Nexstem is helping improve access to technologies such as electroencephalography.
BCI technology enables direct communication between the human brain and external devices, a field once confined to science fiction but now rapidly advancing towards real-world applications. From restoring lost motor functions to augmenting cognitive capabilities, BCI has the potential to improve human-machine interactions.
Nexstem Instinct is crafted as a development kit to address the complexities researchers, academics, and innovators face in implementing and refining proof-of-concept use cases in BCI technology. Instinct's AI-powered platform has integrated hardware, software development kits, application programming interfaces, and real-time biosignal algorithms. Nexstem can customise IP solutions, which can speed up the adoption of biosignal/BCI integrated solutions for applications beyond healthcare, enabling organisations to create advanced applications on the human body API.
"Our focus is on harnessing complex biosignal data from the human body, which will help us create better products, and highly customised services and understand humans better than ever," Siddhant Dangi, co-founder of Nexstem, said.
The company said that over the next three years, it aims to release Nexstem Coin, EXG modules and tACS technology, adding to its existing product and IP portfolio, securing regional and compliance certifications and expanding into defence and consumer markets. The company is also eyeing a potential Series A funding round in the coming year.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
