Private Equity VC Fund Investments
Med-tech co. Nexstem raises $3.5-M co-led by InfoEdge
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Bengaluru-based deeptech startup Nexstem has raised USD 3.5 million in a round co-led by InfoEdge. The round also saw participation from Zupee, Smile Group, and Gruhas (promoted by Nikhil Kamath & Abhijeet Pai).The fresh funds will be used by the company for product expansion and to deploy biosignal infrastructure with an advanced Brain-Computer Interface (BCI).Co-founded in 2020 by Siddhanth Dangi and Deepansh Goyal, Nexstem creates Brain-Computer Interface (BCI) solutions that help people interact with technology by converting brain signals into commands. The company aims to make BCI technology accessible for researchers, clinicians, and developers.