# Blumind

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blumind

- Industry: Semiconductors
- Headquarters: Canada
- Website: www.blumind.ai
- Total disclosed funding: $14M
- Latest round: Series A (Apr 8, 2025)
- Investors on record: 5

## About

Blumind develops innovative all-analog neural signal processors (NSPs), providing ultra-low power solutions for diverse applications such as keyword detection and real-time classification, serving various industries including healthcare and smart mobility.Blumind specializes in creating advanced neural signal processors designed for low power and low latency applications. The company was founded in Canada and has completed one funding round. On April 8, 2025, Blumind raised CAD 20 million in Series A funding, co-led by BDC Capital and Cycle Capital Management, with involvement from several other investors. The founder's background includes experience with various technology ventures, but specific previous companies are not mentioned.Blumind specializes in the development of all-analog neural signal processors (NSPs) that deliver ultra-low power, low latency, and small footprint solutions for a variety of applications. Their flagship products, the BM110 and BM210, cater to diverse use cases including always-on keyword detection, environmental classification, and real-time visual classification. These products are designed for integration into wearables and personal devices, industrial applications, and security systems, targeting markets that require efficient, continuous AI functionality. Key sectors served include smart mobility, healthcare, and consumer electronics, with a focus on delivering solutions to clients globally, particularly in North America, Europe, and Asia.Blumind generates revenue through partnerships and direct sales of its analog AI solutions to OEMs and ODMs across various sectors. The company engages in B2B transactions, providing products that are integrated into clients' offerings, thereby contributing to their end-user applications. Revenue is derived from the sale of its NSP products, including AMPL™ IP core technology, which allows seamless integration into existing systems. Partnerships with manufacturers and technology firms enable Blumind to expand its reach, while the pricing structure reflects the advanced capabilities and efficiencies of their products, ensuring they remain competitive within the deep-tech semiconductor market.In April 2025, Blumind raised CAD 20 million in Series A funding, which will be utilized to enhance its artificial intelligence-based analog technology. The company plans to develop new products designed for specific applications and aims to enter additional markets in North America, Europe, and Asia by the end of 2026.

## Funding rounds

- Series A, Apr 8, 2025, $14M — BDC Capital, Cycle Capital Management, Real Ventures, Fusion Fund, Two Small Fish Ventures

## Investors

- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Series A
- Cycle Capital Management (https://capitalatlas.ai/funds/cycle-capital-management) — Series A
- Real Ventures — Series A
- Fusion Fund (https://capitalatlas.ai/funds/fusion-fund) — Series A
- Two Small Fish Ventures (https://capitalatlas.ai/funds/two-small-fish-ventures) — Series A