About Nexstem
Nexstem is a company based in Bengaluru (India) founded in 2020 by Siddhant Dangi and Deepansh Goyal.. Nexstem has raised $6.23 million across 4 funding rounds from investors including Info Edge, Zupee and Infinyte Club. Nexstem offers products and services including Instinct Headset, Instinct OS, Instinct Apps, and Instinct SDK and APIs. Nexstem operates in a competitive market with competitors including MindPortal, Ixana, Neurable, Cognixion and g.tec, among others.
- Headquarter Bengaluru, India
- Founders Siddhant Dangi, Deepansh Goyal
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Cortex Technologies Private Limited
- Date of Incorporation 29 Jan, 2020
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$180.73 K (USD)297.38as on Mar 31, 2022
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Net Profit
$26.38 K (USD)337.9as on Mar 31, 2022
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EBITDA
$38.81 K (USD)367.44as on Mar 31, 2022
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Total Equity Funding
$6.23 M (USD)
in 4 rounds
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Latest Funding Round
$2.73 M (USD), Seed
Apr 21, 2025
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Investors
Info Edge
& 19 more
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Employee Count
Employee Count
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Products & Services of Nexstem
Nexstem offers a comprehensive portfolio of products and services, including Instinct Headset, Instinct OS, Instinct Apps, and Instinct SDK and APIs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
EEG headset for recording and analyzing brain signals in real time.
Operating system for on-device bio-signal processing and analysis.
Tools for collecting and decoding bio-signals for research purposes.
Software kits for integrating BCI hardware into custom applications.
Funding Insights of Nexstem
Nexstem has successfully raised a total of $6.23M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $2.73 million completed in April 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Seed — $2.7M
- First Round First Round
- Investors Count 20
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Seed - Nexstem | Valuation | Amal Parikh , RedStart Labs | |
| Nov, 2024 | Amount | Seed - Nexstem | Valuation | Info Edge , Zupee |
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| Mar, 2022 | Amount | Seed - Nexstem | Valuation | Info Edge |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Nexstem
Nexstem has secured backing from 20 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Info Edge, Zupee and Infinyte Club. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Smile Group is engaged in investing, building, and partnering with disruptive founders across Asia.
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A platform offering funding, mentorship, and partnerships for student startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Nexstem
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Nexstem
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nexstem Comparisons
Competitors of Nexstem
Nexstem operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MindPortal, Ixana, Neurable, Cognixion and g.tec, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A wearable device for brain analysis and assessment is provided.
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An AR-based headset for personal assistance is developed.
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| domain | founded_year | HQ Location |
Brain-computer interface technology is developed for everyday devices.
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| domain | founded_year | HQ Location |
An AI and AR application for speech-impaired users is developed.
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| domain | founded_year | HQ Location |
Provider of high-performance brain-computer interfaces and neurotechnologies for invasive and non-invasive recordings
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nexstem
Frequently Asked Questions about Nexstem
When was Nexstem founded?
Nexstem was founded in 2020.
Where is Nexstem located?
Nexstem is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Nexstem?
Siddhant Dangi is the current CEO of Nexstem. They have also founded this company.
Is Nexstem a funded company?
Nexstem is a funded company, having raised a total of $6.23M across 4 funding rounds to date.
What is the annual revenue of Nexstem?
Annual revenue of Nexstem is $180.73K as on Mar 31, 2022.
What does Nexstem do?
Nexstem was founded in 2020 in Bengaluru, India, within the neurotechnology sector. Non-invasive brain-computer interface solutions are developed, featuring headsets and a software ecosystem for EEG data recording, visualization, and analysis. Device interaction via brain signals is enabled, with applications in healthcare, consumer wearables, gaming, and sports. Tools for researchers and developers include a custom operating system, pre-bundled applications, SDKs, and APIs.
Who are the top competitors of Nexstem?
What products or services does Nexstem offer?
Nexstem offers Instinct Headset, Instinct OS, Instinct Apps, and Instinct SDK and APIs.
Who are Nexstem's investors?
Nexstem has 20 investors. Key investors include Info Edge, Zupee, Infinyte Club, RedStart Labs, and Gruhas.
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