Source: byFounders Website
byFounders VC Explores the Future of BCI: Key Insights from Industry Experts!
We’re pleased to share that InnoBrain’s CEO, Mahdi Davari, contributed to a recent Brain-Computer Interface (BCI) report published by byFounders. The report explores where BCI technology is heading, the challenges holding it back, and the opportunities emerging in the field.
Led by Matias Salonen and Martin Krag from byFounders, the report synthesizes insights from industry experts and investors. Some key takeaways include:
🧠 The complexity of the brain remains a barrier – While AI and space travel are advancing, our understanding of the human brain still lags. The brain’s 86 billion neurons form an intricate system that is far from being fully mapped.
💡 BCIs are making progress but remain niche – Companies like Blackrock Neurotech and Neuralink are pushing the field forward, but widespread adoption is still a work in progress.
🎧 Consumer neurotech is emerging – Devices such as Flow Neuroscience’s headset are being used to improve focus and mental health, signaling a shift toward everyday applications.
💰 Investment is picking up – 2024 saw over $1.4B in funding for BCI startups, including Andreessen Horowitz’s $50M investment in Echo Neurotechnologies and Precision Neuroscience’s $102M round. This suggests growing confidence in the sector’s potential.
📡 Hardware is the biggest bottleneck – AI has improved signal decoding, but BCIs are still limited by outdated EEG technology. Without better sensing methods, non-invasive BCIs will struggle to reach their full potential.
InnoBrain’s Role in the Future of BCIs
With InnoBrain’s work in AI-powered EEG analysis and cognitive monitoring, Mahdi Davari’s contribution to the report adds to the ongoing discussion on how to bridge the gap between BCI research and real-world applications.
The full report is available here: Read the report
We look forward to continuing the conversation and working toward the next generation of BCI technology.
