About Next Mind
Next Mind is a Technology company based in Versailles (France) founded in 2017 by Gwendal Kerdavid and Sid Kouider, and was acquired by Snap in March 2022. Noninvasive brain-computer interfaces are developed by Nextmind for device control. Next Mind has raised $3.6 million across 2 funding rounds from investors including Snap, Bpifrance and Sune Alstrup Johansen. The company was acqui-hired. Next Mind offers products and services including NextMind SDK, Tutorials, Unity Assets, and API Reference. Its focus areas include High Tech, Brain Computer Interface, Applications and Communication and Control.
Company details
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.
- Headquarters Versailles, France
- Founders Gwendal Kerdavid, Sid Kouider
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website next-mind.com
- Social LinkedIn X
- Acquired by Snap (Mar 2022)
Products & Services of Next Mind
Next Mind offers a comprehensive portfolio of products and services, including NextMind SDK, Tutorials, Unity Assets, and API Reference.
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 $3.6M
- Total Rounds 2
- Last Round Grant — $1M
- First Round $3.6M
(Dec 2018)
- Investors Count 4
All 2 funding rounds of Next Mind with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2018 | $1M | Grant | – | – | |
| Dec 2018 | $3.6M | Angel Round | – | – |
5 investors in total: 3 institutional and 2 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed and Series A startups receive investments from Nordic Makers. | nordicmakers.vc | Copenhagen, Denmark | ||
Corporate consultancy, advisory, and funding services are provided to businesses. | 2012 | bpifrance.com | Maisons Alfort, France | |
Communication and media sharing are enabled via an online platform. | 2011 | snap.com | Santa Monica, United States | |
SA Sune Alstrup Johansen | Danish entrepreneur, angel investor in Indian startups, co-founder of Tradeshift. | unknown_62ed31f593c549b8b | ||
DH David Helgason | Co-founder of Unity Technologies, active angel investor in tech startups. | unknown_e21a7e9a994b4bd0b |
Investor details for Next Mind
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Next Mind
2 people are tracked at Next Mind (2 in leadership).
| Name | Role | Group |
|---|---|---|
Gwendal Kerdavid | Co-Founder | Leadership |
Sid Kouider | Founder | Leadership |
Complete people profiles for Next Mind
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Next Mind
3 dated milestones of Next Mind across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Next Mind is founded.
- Funding First funding round of $3.6M.
- Exit Acquired by Snap.
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Frequently Asked Questions about Next Mind
Next Mind was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Next Mind is headquartered in Versailles, France. It is registered at Versailles, Ile-de-france, France.
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 2018.
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.
Next Mind offers NextMind SDK, Tutorials, Unity Assets, and API Reference.
Next Mind has 5 investors. Key investors include Snap, Bpifrance, Sune Alstrup Johansen, David Helgason, and Nordic Makers.
Yes. Next Mind was acquired by Snap in March 2022.