Nexstem

Bengaluru, India Founded: 2020 • Age: 6 yrs
Non-invasive BCI solutions for EEG data are developed by Nexstem.
Annual revenue $180,734 Latest available
Total funding $6.2M 4 rounds
Employees - Tracked headcount
Investors 20 Known backers
Products 4 Services tracked
Competitors 7 Brand Intelligence

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
  • Sectors
    Technology
  • Email
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  • Legal Name Cortex Technologies Private Limited
  • Date of Incorporation 29 Jan, 2020
  • Jurisdiction Gurugram, Haryana, India
Operational Areas
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $180.73 K (USD)
    297.38
    as on Mar 31, 2022
  • Net Profit
    $26.38 K (USD)
    337.9
    as on Mar 31, 2022
  • EBITDA
    $38.81 K (USD)
    367.44
    as on Mar 31, 2022
  • Total Equity Funding
    $6.23 M (USD)

    in 4 rounds

  • Latest Funding Round
    $2.73 M (USD), Seed

    Apr 21, 2025

  • Investors
    Info Edge

    & 19 more

  • Employee Count
    Not available
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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.

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Primary

EEG headset for recording and analyzing brain signals in real time.

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Operating system for on-device bio-signal processing and analysis.

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Tools for collecting and decoding bio-signals for research purposes.

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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.

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.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
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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Investor details for Nexstem

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Investments & Acquisitions by Nexstem

Investments
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Investment portfolio details for Nexstem

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Financial Statements - Nexstem

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Detailed financials for Nexstem

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  • Profit trends
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Nexstem Comparisons

Nexstem Primary company
Description
Non-invasive BCI solutions for EEG data are developed by Nex...
Location
Bengaluru, India
Founded Year
2020
Annual Revenue
$180.73 K (USD)
Net Profit
$26.38 K (USD)
EBITDA
$38.81 K (USD)
Employees
Not available
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Peer comparison for Nexstem

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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.

Company Name Domain Founded year HQ Location Description
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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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Brain-computer interface technology is developed for everyday devices.
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An AI and AR application for speech-impaired users is developed.
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Provider of high-performance brain-computer interfaces and neurotechnologies for invasive and non-invasive recordings
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Detailed competitors of Nexstem

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Latest news on Nexstem

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Complete news archive for Nexstem

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Frequently Asked Questions about Nexstem

Nexstem was founded in 2020.

Nexstem is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Siddhant Dangi is the current CEO of Nexstem. They have also founded this company.

Nexstem is a funded company, having raised a total of $6.23M across 4 funding rounds to date.

Annual revenue of Nexstem is $180.73K as on Mar 31, 2022.

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.

Nexstem's top competitors include Neurable, Cognixion and NeuroSky.

Nexstem offers Instinct Headset, Instinct OS, Instinct Apps, and Instinct SDK and APIs.

Nexstem has 20 investors. Key investors include Info Edge, Zupee, Infinyte Club, RedStart Labs, and Gruhas.

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