Paradromics Inc.

Broadband for the Brain
Austin

About Paradromics Inc.

We are building a direct data interface with the brain to provide technology solutions to unmet medical challenges. A revolutionary leap beyond today’s research-grade brain computer interfaces (BCI), our Connexus® Direct Data Interface (DDI) collects neural signals at an industry-leading high data-rate and is designed for long-term daily use.

Our first clinical application will enable severely motor-impaired people to communicate and independently use a computer, translating their neural signals into synthesized speech, text, and cursor control. We will continue to expand the capabilities of our massively scalable platform to support a pipeline of future applications that could benefit millions.

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Problem statement

The scope of unmet medical needs in mental health is vast. For many of these conditions, biological cures may take decades. By providing a means of directly accessing the brain, Direct Data Interfaces provide a path to therapies for complex biological problems with no known cure.

Traction information

We are one of two companies with the capability to build high data rate brain computer interfaces. We have raised $105M to date, including $14M from DARPA.

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Funding

Not raising capital right now

Total raised to date:$105,000,000

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