Cognixion Raises $12 Million to Advance Assisted Reality Tech for Millions Affected by Communication Disabilities -- Cognixion

Cognixion, a neural interface startup, raised $12 million in seed funding to develop AI-powered neural interfaces that unlock speech and smart home controls for the hundreds of millions of people worldwide with communication and physical disabilities. The funding will help Cognixion develop new adaptive interfaces that make the Assisted Reality technology easier to use by everyone. Prime Movers Lab led the round with co-investors Northwell Health, Amazon Alexa Fund and Volta Circle. Cognixion's patented non-invasive, wireless brain-computer interface with an integrated augmented reality display, Cognixion ONE, detects the signals from the user's brainwaves associated with visual fixation on interactive objects and enables hands-free, voice-free control of AR/XR applications in the headset. Cognixion ONE is a closed-loop device that stimulates the visual cortex within the brain and reads its activity while sending control signals back to the AR application.