Paradromics raises $7 million

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Paradromics, a company that says is developing bidirectional data streaming capabilities between brains and computers, has completed a $7 million seed round of financing. Arkitekt Ventures and Synergy Ventures led the investment round, with participation from It-Farm, Dolby Ventures, Alpha Edison, Loup Ventures, and existing investor, Fusion Fund.

The new funding adds to over $18 million in research funding from the Defense Advances Research Projects Agency (DARPA).

Enke Bashllari, the managing director of Arkitekt Ventures, has joined the Paradromics board.

[Image courtesy: Paradromics]