Galea maker OpenBCI raises funding ahead of 2022 beta release —

Funding Rounds

Summary

Although the funding amount was undisclosed at the time of writing, OpenBCI has secured investor support from BITKRAFT Ventures, re.Mind and NaHCO3, the family office of Riot Games co-founder Marc Merrill, for Galea, scheduled for beta release in early 2022. Products such as the Ganglion, Cyton, and Ultracortex are used in more than 90 countries by a growing community of scientists, developers, educators, and increasingly, by innovation departments of major technology companies, according to OpenBCI. Galea’s beta programme has already received significant interest from applicants spanning consumer technology, healthcare, research, training, and gaming and media, OpenBCI says. Our ultimate goal for the next era of OpenBCI is to play a major part in the creation of the ‘Operating System of the Mind’.” Moritz Baier-Lentz, partner at BITKRAFT Ventures, is enthusiastic about Galea’s potential as a “breakthrough innovation for a variety of industries”. Baier-Lentz continues: “From a gaming perspective, just as virtual and augmented reality headsets are starting to replace traditional screens, brain-computer interfaces like Galea will ultimately replace keyboards, mice, or controllers by directly translating thought and intent into game inputs.” He adds: “Until then, developers will be able to build more immersive, customised, and engaging experiences by better understanding a player’s internal states of mind, emotional reactions, levels of concentration, sources of attention, cognitive workload, and many other valuable high-level metrics.” “This is the first time a technology of this calibre has been put into the commercial space, and we believe it is the beginning of a novel relationship with the virtual worlds that surround us.” Let VRWorldTech know what you think via Twitter, LinkedIn, Facebook or editor@vrworldtech.com.

$ Funding

$
Amount - Total raised
Date December 15, 2021 Announcement date
Investors Issuu Lead investors
Company https://www.openbci.com Funded company

Classifications

industries
Media and Publishing
applications
Collaboration & Communication

AskAI Classifications

Labels
SaaS Digital Publishing Software Content Management Software

Linked Companies

Issuu
$1M to $5M