About OpenBCI
OpenBCI is a company based in Brooklyn (United States) founded in 2013.. OpenBCI has raised $2.06 million across 4 funding rounds from investors including BITKRAFT, re.Mind Capital and NaHCO3. OpenBCI operates in a competitive market with competitors including Arduino, Emotiv, Raspberry Pi, EmSense Corporation and Bo Rui Kang Technology, among others.
- Headquarter Brooklyn, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.06 M (USD)
in 4 rounds
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Latest Funding Round
$200 K (USD), Seed
Apr 08, 2024
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Investors
BITKRAFT
& 2 more
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Employee Count
Employee Count
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Funding Insights of OpenBCI
OpenBCI has successfully raised a total of $2.06M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $200 thousand completed in April 2024. 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 — $200,000
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First Round
First Round
(29 Sep 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Seed - OpenBCI | Valuation |
investors |
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| Feb, 2023 | Amount | Seed - OpenBCI | Valuation |
investors |
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| Dec, 2021 | Amount | Seed - OpenBCI | Valuation | BITKRAFT Ventures , re.Mind Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 OpenBCI
OpenBCI has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include BITKRAFT, re.Mind Capital and NaHCO3. 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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Venture capital investments in gaming, Web3, and AI technologies.
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Founded Year | Domain | Location | |
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Early-stage investments are provided in mental health and brain health sectors.
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Founded Year | Domain | Location | |
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Support is provided to transformational leaders and organizations.
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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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 OpenBCI
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - OpenBCI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Openbci Comparisons
Competitors of OpenBCI
OpenBCI 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 Arduino, Emotiv, Raspberry Pi, EmSense Corporation and Bo Rui Kang Technology, 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 |
Provider of an open-source electronics prototyping platform
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| domain | founded_year | HQ Location |
Manufacturer of wireless EEG headsets and software solutions
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| domain | founded_year | HQ Location |
Provider of computing products designing, documentation, support and manufacturing of Microcontrollers
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| domain | founded_year | HQ Location |
Brainwave cognition and physiological responses are measured via headset.
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| domain | founded_year | HQ Location |
Provider of wireless EEG systems
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Openbci
Frequently Asked Questions about OpenBCI
When was OpenBCI founded?
OpenBCI was founded in 2013 and raised its 1st funding round 8 years after it was founded.
Where is OpenBCI located?
OpenBCI is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Is OpenBCI a funded company?
OpenBCI is a funded company, having raised a total of $2.06M across 4 funding rounds to date.
What does OpenBCI do?
OpenBCI was founded in 2013 in Brooklyn, United States, within the neurotechnology sector. Open-source hardware and software for brain-computer interfaces are developed and distributed through a community-driven model. Headsets, boards, sensors, and electrodes are offered to support biosensing and neurofeedback applications. Equipment is made available at accessible prices for researchers and creators across various skill levels. Operations focus on enabling hardware and software contributions from the open-source community.
Who are the top competitors of OpenBCI?
OpenBCI's top competitors include Arduino, Emotiv and Raspberry Pi.
Who are OpenBCI's investors?
OpenBCI has 3 investors. Key investors include BITKRAFT, re.Mind Capital, and NaHCO3.
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