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. 
Business News

Want to Start a Business? Skip the MBA, Says Bestselling Author

Entrepreneur Josh Kaufman says that the average person with an idea can go from working a job to earning $10,000 a month running their own business — no MBA required.

Leadership

Your Definition of Leadership Is Outdated — Here's How to Be a Better Leader in the Modern Workplace

In my nearly thirty years as a leader, I've focused on setting a clear vision and empowering my team to achieve our goals. We prioritize establishing shared objectives while allowing for flexibility when needed.

Starting a Business

They Showed Up to Apple With a Product They Built in Their Dorm Room. Now These Entrepreneurs Are on the Way to Changing the Way Fans Watch Sports.

How Rahat Kulshreshtha and Gaurav Mehta launched Quidich Innovation Labs, technology that is literally changing the game of sports viewership.

Business News

How Nvidia CEO Jensen Huang Transformed a Graphics Card Company Into an AI Giant: 'One of the Most Remarkable Business Pivots in History'

Here's how Nvidia pivoted its business to explore an emerging technology a decade in advance.

Thought Leaders

25 Common Characteristics of Successful Entrepreneurs

Do you have what it takes to get through hard times? Here are the traits that help home-based business owners thrive.

Leadership

Why Hearing a 'No' is the Best 'Yes' for an Entrepreneur

Throughout the years, I have discovered that rejection is an inevitable part of entrepreneurship, and learning to embrace it is crucial for achieving success.