A year after securing $18m from the Department of Defense, California-based Paradromics has raised $7m in a seed funding round led by Arkitekt Ventures and Synergy Ventures. The company is developing an artificial intelligence platform that will allow users to create their own virtual reality experiences using 3D models or live video footage. Initially, the company is focusing on helping patients with locked-in syndrome communicate via a computer, but is also planning to explore applications for amputees, as well as blind and deaf people.
A year after securing $18m from the Department of Defense, California-based Paradromics has raised $7m in a seed funding round led by Arkitekt Ventures and Synergy Ventures. Paradromics has developed fine wires that, when bundled together, could provide an interface between the human brain and devices such as cameras and robotics. Initially, the company is focusing on helping patients with locked-in syndrome communicate via a computer, but is also planning to explore applications for amputees, as well as blind and deaf people.