Ixana raises $3M with breakthrough wearable silicon chip
Washingtoner/10197944

SEATTLE--(BUSINESS WIRE)--Ixana, the wearable hardware company developing high-speed human-computer interfaces, today announced it has closed $3 million in seed funding and is backed by Uncorrelated Ventures, Samsung Next, Evonexus, Paradigm Shift and Hack VC.

Ixana will preview its first chip-based reference hardware at the upcoming Consumer Electronics Show (CES, Booth #61305) in Jan 2023. Their proprietary chip gives them a unique edge to develop wire-free, augmented reality (AR) with all-day battery life for real-time AI on what you see.

Billions of dollars have been invested in recent years to build AR headsets that are suitable for everyday use, user-friendly, and powerful at the same time. Unfortunately, technical challenges such as thermal budget and battery drain have prevented the release of an all-day productivity companion capable of real-time AI with always-on camera.

More on Washingtoner

• American Mensa and Davidson Institute Join Forces To Strengthen Support for Profoundly Gifted Youth
• SpeedyIndex Rolls Out Automated API for Mass URL Verification, Solving the Backlink Blind Spot for SEO Agencies
• Michigan Attorney General Closed FGM Licensing Investigations Months Before Federal Case Ended, Records Show
• Mensa Foundation Event Reframes Brain Health for Every Age
• DLT Resolution, Inc. (Stock Symbol: DLTI) Expands Into the $224 Billion Life Settlements Market While Accelerating Telecom Growth Across Canada

"Ixana is challenging these wearable hardware limitations with a breakthrough silicon chip that makes high-speed human-computer interfaces such as all-day wearable AR possible," said Shreyas Sen, Ixana's Chief Technology Officer and a Chair Associate Professor at Purdue University. "Leveraging wire-free distributed computing, our low-power AR headset lasts a full day on a single charge, even with an always-on front-facing camera that can detect what you are seeing, analyze it, and provide feedback in real-time."

Co-founded by chip experts Sen, Shovan Maity (Head of Research), and serial entrepreneur Angik Sarkar (CEO), Ixana's team comprises 15+ alums of Intel, Qualcomm, Silicon Labs, Texas Instruments, and others. The team is currently testing the developer/evaluation hardware that'll ship in early 2023.

More on Washingtoner

• Ashley Wineland's 'Love + Heartbreak' Tour Brings her Emotional and Empowering Album 'Wineland' to Nationwide Audiences
• Tacoma City Council Restricts Unauthorized Use of Public Property for Civil Immigration Enforcement
• Spokane Police investigate shooting in north Spokane and make an arrest
• People & Stories/Gente y Cuentos Welcomes Two New Trustees as Organization Enters 54th Year and Expands Community Reach
• Tacoma: City Manager Hyun Kim Details 'Roadmap to Recovery' Addressing the City's General Fund Deficit and Modernizing City Operations

"Having seen the demo of an early prototype, I see the intriguing potential for the technology to play a key role in the future evolution of wearables," said Rory Moore, co-founder of Evonexus. "With a deep background in the semiconductor sector including launching the world's first Bluetooth company, I am able to grasp the need for more innovative and critical lower-power approaches. As a co-founder of Peregrine Semiconductor, a pioneer in Silicon-on-Insulator for RF frontend use cases that are now found in flagship smartphones, I believe this venture will have an impact with broad applications."

Join the evaluation kit waitlist at ixana.ai and visit Booth #61305 at CES to experience the AR headset technology that holds the promise of catalyzing the looming wearable revolution.

Contacts

Press: hello@ixana.ai

---

Show All News | Disclaimer | Report Violation