Neurable Funding ARVR Technology
An article on PR Newswire reported on the $2 million seed round which developer of brain-computer interface (BCI) technology, Neurable, has raised for its software platform. The round was led by Brian Shin from Accomplice’s Boston Syndicate, and other investors include Kraft Group, Loup Ventures, and NXT Ventures.
The new tech measures and interprets brain activity to allow real-time control of connected devices. A software development kit is also being developed by Neurable, which is to be integrated with Augmented and Virtual Reality devices.
Ramses Alcaide, the co-founder and CEO of Neurable, is quoted to have said that the company’s aim is to create a new platform for interaction between humans and computers. Neurable analyses complex data with machine learning and gives an important advantage in terms of accuracy and speed for determining the intent of the user.
The final section of the article discusses Neaurable’s role in Augmented and Virtual Reality applications. The company offers a hands-free, wireless, non-invasive method for interacting with devices, and avoids the restrictions of eye-tracking or voice control. Its software development kit is also compatible with various headsets such as Microsoft Hololens, Oculus Rift, and HTC Vive.