Cognixion Corporation
Latest round
- Seed
Last raised
- Nov 2021
Total raised
- $12M
Investors
- 4
About Cognixion Corporation
Cognixion Corporation is focused on creating advanced brain-computer interfaces that facilitate communication for those with disabilities. The company is headquartered in Santa Barbara, US, and was co-founded by Andreas Forsland and Cris Lizama, who are also the current CEOs.Cognixion specializes in pioneering noninvasive brain-computer interfaces (BCIs) designed to enhance communication and control for individuals with complex disabilities. Its core product, Axon-R, employs advanced AI technology to facilitate interaction through various input methods, such as mental commands, eye movements, and head gestures. This suite of AI-powered Assisted Reality applications addresses significant challenges in accessibility and communication, primarily targeting users with neurological impairments. The company collaborates with top health systems to co-develop clinical applications that cater to patients throughout their healthcare journey, particularly in neurology.Cognixion generates revenue through direct sales of its innovative assistive technologies and clinical applications, including its flagship product, Axon-R. The company operates on a B2B model, partnering with healthcare institutions to implement its technologies within existing patient care frameworks. Transactions are structured around subscription-based agreements and partnerships, allowing healthcare providers to integrate Cognixion's offerings into their service delivery. Additionally, Cognixion provides demo opportunities to potential clients, facilitating a firsthand experience with its solutions before purchase. The company aims to expand its presence in North America and Europe, focusing on integrating its solutions into additional healthcare settings by late 2023 to early 2024. Through these initiatives, Cognixion is positioning itself to further address accessibility challenges in communication for individuals with complex disabilities.
Who invested in Cognixion Corporation
4 investors across 1 round
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Funding rounds
Seed
Nov 16, 2021
Amount
$12M
Investors
Questions about Cognixion Corporation
Who invested in Cognixion Corporation?
Cognixion Corporation has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Cognixion Corporation raised?
Cognixion Corporation has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Cognixion Corporation last raise money?
Cognixion Corporation's most recent round on record is a Seed, in Nov 2021.
What does Cognixion Corporation do?
Cognixion Corporation is focused on creating advanced brain-computer interfaces that facilitate communication for those with disabilities.
Where is Cognixion Corporation headquartered?
Cognixion Corporation is headquartered in Santa Barbara, US.
Which VCs invest in companies like Cognixion Corporation?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Cognixion Corporation's stage. Their profiles are linked below.
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