Next Mind

Versailles, France Founded: 2017 • Age: 9 yrs Acquired By Snap
Noninvasive brain-computer interfaces are developed by Nextmind for device control.

About Next Mind

Next Mind is a company based in Versailles (France) founded in 2017 by Gwendal Kerdavid and Sid Kouider was acquired by Snap in March 2022.. Next Mind has raised $3.6 million across 2 funding rounds from investors including Snap, Bpifrance and Sune Alstrup Johansen. Next Mind offers products and services including NextMind SDK, Tutorials, Unity Assets, and API Reference. Next Mind operates in a competitive market with competitors including Mind Solutions, South China Brain Control Intelligent Technology, Thought-Wired, Puzzlebox and Neuro-Tech, among others.

  • Headquarter Versailles, France
  • Founders Gwendal Kerdavid, Sid Kouider
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3.6 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1 M (USD), Grant

    Dec 12, 2018

  • Investors
    Snap

    & 4 more

  • Employee Count
    Employee Count
  • Acquired by
    Snap

    (Mar 23, 2022)

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Products & Services of Next Mind

Next Mind offers a comprehensive portfolio of products and services, including NextMind SDK, Tutorials, Unity Assets, and API Reference. 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.

Primary

Enables creation of mind-controlled applications with neural interfaces.

Guides for setting up environments and building applications.

Assets for integrating SDK into Unity-based projects.

Reference for using SDK functions in applications.

Funding Insights of Next Mind

Next Mind has successfully raised a total of $3.6M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $1 million completed in December 2018. 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 Rounds 2
  • Last Round Grant — $1.0M
  • First Round

    (12 Dec 2018)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2018 Amount Grant - Next Mind Valuation

investors

Dec, 2018 Amount Angel Round - Next Mind Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Next Mind

Next Mind has secured backing from 5 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Snap, Bpifrance and Sune Alstrup Johansen. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Seed and Series A startups receive investments from Nordic Makers.
Founded Year Domain Location
Corporate consultancy, advisory, and funding services are provided to businesses.
Founded Year Domain Location
Communication and media sharing are enabled via an online platform.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Next Mind

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Next Mind

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Next Mind Comparisons

Employees
+
Add Comparison
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Competitors of Next Mind

Next Mind 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 Mind Solutions, South China Brain Control Intelligent Technology, Thought-Wired, Puzzlebox and Neuro-Tech, 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
Brain-computer interface systems for mind-machine interactions are developed.
domain founded_year HQ Location
AI-based brain-computer interfaces are provided for device interactions.
domain founded_year HQ Location
Brain-computer interfaces are developed for thought-based communication and applications.
domain founded_year HQ Location
Develops brain-controlled helicopters for interactive experiences.
domain founded_year HQ Location
It serves as a stealth mode startup developing bci interface.
domain founded_year HQ Location
Creates advanced BCI technologies for interacting with electronic devices, robotics, and AR/VR.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Next Mind

Frequently Asked Questions about Next Mind

When was Next Mind founded?

Next Mind was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is Next Mind located?

Next Mind is headquartered in Versailles, France. It is registered at Versailles, Ile-de-france, France.

Is Next Mind a funded company?

Next Mind is a funded company, having raised a total of $3.6M across 2 funding rounds to date. The company's 1st funding round was a Grant of $1M, raised on Dec 12, 2018.

What does Next Mind do?

Nextmind was founded in 2017 in Versailles, France, within the neurotechnology sector. A noninvasive, AI-based brain-computer interface is being developed for mass-market applications. Neural signals from the brain are analyzed using machine learning algorithms and translated into real-time digital commands for controlling electronic devices, games, and virtual or augmented reality headsets. The wireless solution was slated for release in 2019.

Who are the top competitors of Next Mind?
What products or services does Next Mind offer?

Next Mind offers NextMind SDK, Tutorials, Unity Assets, and API Reference.

Who are Next Mind's investors?

Next Mind has 5 investors. Key investors include Snap, Bpifrance, Sune Alstrup Johansen, David Helgason, and Nordic Makers.

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