Get All Access for $5/mo

Wispr AI Raises $4.6 Million In Seed Round The funds will be utilized to accelerate development of the first functional thought-powered digital interface

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pexels

Wispr AI, a neurotechnology company aimed at developing the next generation of human-computer interfaces, has closed $4.6 million in Seed funding co-led by New Enterprise Associates (NEA) and 8VC.

WisprAI plans to utilize the funds to accelerate development of the first functional thought-powered digital interface. The company is bringing together a formidable team of world-class neuroscientists, hardware engineers, machine learning engineers and product engineers who are passionate about changing the world, siad a statement.

Wispr AI is building a wearable that can convert deliberate thought into action and high-bandwidth digital input. By combining the latest advancements in deep learning, electrical interfaces and neuroscience, the company will allow users to interface with our increasingly immersive digital world in truly seamless fashion.

"The technologies we use are evolving at an unprecedented pace. We have moved from phones to smartwatches, VR headsets and immersive augmented experiences. How we interact with this technology will be one of the biggest questions to shape this decade. As we move away from keyboards and voice, the next generation of interfaces are going to be more natural, seamless and private. Our mission is to bring these interfaces to every single person in India and around the globe," said Tanay Kothari, co-founder and CEO of Wispr AI.

"What this means is that Wispr's technology would be akin to wearable devices people are already used to and would inconspicuously fit into their lives. It's brilliant how the team is looking at solving this problem. It's rare to find a combination of founders who are deeply technical and at the same time so focused on developing a product that is consumer-centric,"said Alex Kolicich, founding partner at 8VC.

Founded in 2020, Wispr AI is innovating to bring the next generation of wearable neural interfaces. Its vision is to replace existing interfaces of communication with one powered directly by thought, erasing the final dividing line between people and the technologies they interact with. Wispr AI is a scientifically-grounded, product-focused company headquartered in San Francisco, added the statement.

Shrabona Ghosh

Correspondent

A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 
News and Trends

D2C Skincare Brand Foxtale Bags USD 18 Mn in Series B led by Panthera Growth Partners

With the raised capital, the Maharashtra-based skincare brand aims to scale its core digital business and concentrate on expanding into new categories.

News and Trends

Wipro Introduces Lab45 AI for Enhanced Business Solutions

With over 1000 GenAI agents and more than 10 GenAI applications, the platform claims to offer no-code and low-code pre-built applications.

Science & Technology

Why We Shouldn't Fear AI in Education (and How to Use It Effectively)

Facing resistance to new technologies in the educational process is nothing new, and AI is no exception. Yet, this powerful tool is set to overcome these challenges and revolutionize education, preparing students and professionals for a future of unparalleled efficiency and personalized learning.

News and Trends

Recur Club Unveils INR 1,000 Cr Debt Offerings for Startups and SMEs

In FY 24–25, the platform also plans to deploy an additional INR 2000 crores through its Recur Swift program for startups.

Growth Strategies

Edtech Platforms Capitalising On CUET Coaching Market

Be it major Edtech companies, UPSC coaching centres, or neighbourhood tuition academies, everyone is testing the CUET waters to see what opportunities it holds for them.

Growth Strategies

Learn business by doing business across the Globe: The next revolution in Entrepreneurship

As the startup ecosystem sees an influx of new entrepreneurs, the question arises: Is our current business education sufficiently equipping students for the entrepreneurial challenges they will face?