Pison Technology Inc. has closed a $7 million Series A round of funding. The funding round was led by Lavrock Ventures, with participation by Bose Venture Capital, In-Q-Te and Decisive Point. Pison will use the funding to launch products with a series of ecosystem releases beginning in late 2021. The funding announcement comes as the company transitions from R&D to market readiness.
Pison captures neuromuscular signals on the skin’s surface and combines them with machine learning algorithms to enable hands-free control of electronics. Using AI, Pison interprets how people intend to move their hands and fingers and transmits those signals to control digital devices.
“Our technology was developed to help ALS patients control digital interfaces by just thinking of their intended movement. What began as a mission to help patients navigate the world made smaller by disability has evolved into a world-class platform that connects neurological output with today’s digital world,” said Dexter Ang, Pison CEO. “The next phase for Pison will be releasing our gesture technology to improve lives, safety, and productivity across multiple industries.”
“We are very excited by the team and the early product development and where Pison can take the functionality. Pison’s early success at harnessing neuromuscular sensing capabilities is breathtaking. In keeping with our focus on deep tech and companies that can find success with commercial requirements, Pison is a perfect fit,” said Jim Hunt, Partner, Lavrock Ventures.
Pison has partnered in development with Google, Microsoft (Hololens), Mitsubishi Electric, Samsung, Boston Dynamics, and others. The firm’s insights platform supports innovations in medicine, sports performance and general wellness.
Photo courtesy Pison Technology Inc.
