U-M startup Neurable raises $2 million seed funding

ANN ARBOR?Neurable, a University of Michigan startup that developed brain-computer interface technology based on breakthrough neuroscience, has raised a $2 million seed round to bring its software platform to market. Neurable's patent-pending technology interprets intent based on user's' brain activity, enabling real-time control of software and connected devices using only the power of the brain. The company is developing a software development kit for integration of its technology with virtual/augmented reality content and headsets. Robert Winter of the Rice Owls and Brian Shin of Accomplice's Boston Syndicate led the round with participation from Point Judith Capital, Loup Ventures, the Kraft Group, NXT Ventures, and prominent angel investors. "Our goal is to build a new platform for human-computer interaction," said Ramses Alcaide, co-founder and CEO of Neurable. "Our investors share our vision for the broad potential of our technology and for creating a world without limitations. We appreciate their confidence." Shin said: "The team at Neurable believes they can enable people to easily control devices and objects with their minds.