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. 
Growth Strategies

AMD Confident About Increasing Market Share In India

The semiconductor company is positive about the business environment in India on the back of growing investments in data centers and AI, Cloud repatriation, as well as technology refresh taking place across companies on both server side and client devices

Branding

ChatGPT is Becoming More Human-Like. Here's How The Tool is Getting Smarter at Replicating Your Voice, Brand and Personality.

AI can be instrumental in building your brand and boosting awareness, but the right approach is critical. A custom GPT delivers tailored collateral based on your ethos, personality and unique positioning factors.

Science & Technology

How Can Marketers Use ChatGPT? Here Are the Top 11 Uses.

With the recent developments in AI and the popularity of ChatGPT, you may want to integrate AI into your marketing practices. Find out how.

Business News

Is the AI Industry Consolidating? Hugging Face CEO Says More AI Entrepreneurs Are Looking to Be Acquired

Clément Delangue, the CEO of Hugging Face, a $4.5 billion startup, says he gets at least 10 acquisition requests a week and it's "increased quite a lot."

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

News and Trends

Apple Dethrones Nvidia to Regain Its Position as World's Second Most Valuable Company

Apple has reclaimed its spot as the second most valuable company in the world, overtaking Nvidia, with a market cap of $3.26 trillion.