Nexstem Raises $3.5 Million for BCI Expansion

Bengaluru-based startup Nexstem has successfully raised $3.5 million in a funding round co-led by InfoEdge, Zupee, Smile Group, and others. This investment will enhance the company's Brain-Computer Interface (BCI) technology, specifically its flagship product suite, Instinct, which utilizes an AI-powered onboard compute module to analyze biosignals from the human body. The funding will support Nexstem's expansion into American and European markets and streamline operations to make BCI technology more accessible. Nexstem aims to disrupt the neurotech sector by democratizing innovations such as electroencephalography (EEG) and advancing applications in both healthcare and beyond. The company's Instinct platform is designed to simplify the development process for researchers and innovators, facilitating the creation of custom BCI solutions. As co-founders express excitement over the potential of their technology, they emphasize its capacity to address real-world challenges and push the boundaries of brain-computer interaction.