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Brain-computer interface startup raises $3.5m

Nexstem, a startup in Bengaluru, has raised US$3.5 million to develop its brain-computer interface (BCI) technology.

InfoEdge, Zupee, Smile Group, and Gruhas participated in this funding round announced on Thursday.

The funding will enhance Nexstem’s Instinct Ecosystem product and expand its intellectual property portfolio.

It will also strengthen the company’s presence in the American and European markets.

Additionally, the capital will support deploying Nexstem’s biosignal infrastructure to make BCI solutions accessible in various sectors.

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