Subsense announced that it added $10 million in new capital to support its nanoparticle-based brain-computer interface (BCI) platform.
Golden Falcon Capital delivered the investment, which brings the Palo Alto, California-based company’s total funding to $27 million. It emerged from stealth earlier this year with $17 million in funding.
Subsense said the latest funds will support R&D in nanoparticle sensing, in vivo biosafety programs, next-generation nanoparticle design and hardware miniaturization. It joins the ever-growing BCI market, for which analysts have suggested a potential $400 billion market opportunity. (Learn more about BCIs and some of the players in the space HERE.)
The company’s BCI technology delivers targeted stimulation to specific brain regions, aiming to restore motor functions and enhance rehabilitation therapies. Subsense believes the BCI could help users control smartphones and navigate complex machinery. Its real-time brain monitoring capabilities could also provide critical data to aid in the early detection and understanding of neurological conditions. That could lead to more accurate diagnoses, better-informed treatment plans and a deeper understanding of brain health.
Subsense said the bidirectional platform could record and modulate brain activity without surgical implants. Its nanoparticles are administered nasally to cross the blood-brain barrier. The system could avoid the risks and costs associated with surgically invasive electrodes or brain chips.
“We are developing a new kind of neural interface, which integrates seamlessly with the human body,” said Tetiana Aleksandrova, Subsense Co-founder and CEO. “This bio-integrated approach is fundamentally enhancing safety and expanding accessibility.”
In addition to the funding, the company recently opened a new laboratory and engineering facility in Palo Alto. Its technology portfolio spans nanoparticle chemistry, magnetic signal transduction, and proprietary neural decoding algorithms aimed at safe, reversible, and high-fidelity brain data capture.
