Funding · AI & Deep Tech
NeoSapien raises $2 million seed round
By Startup Enthusiast ·
- Date
- Company
- NeoSapien
- What it does
- AI wearable startup for audio notes
- Kind
- Funding
- Amount
- $2 Mn
- Stage
- seed
- Based in
- Bengaluru
- Founded
- 2024
- Sector
- AI & Deep Tech
What they do
NeoSapien makes a pendant that records conversations and creates meeting notes
What happened
The company raised $2 million in seed funding from Merak Ventures and angel investors including Sameer Mehta, Awais Ahmed, Anupam Mittal, Namita Thapar, and…
Why it matters
This capital supports growth in the emerging Indian AI wearables market sector
The details
- NeoSapien secured $2 million in seed funding from Merak Ventures and angel investors like Sameer Mehta, Awais Ahmed, Anupam Mittal, Namita Thapar, and Aprameya Radhakrishna.
- Merak Ventures led the investment round for the Bengaluru-based startup.
- Angel investors included Sameer Mehta from boAt and Awais Ahmed from Pixxel.
- Other backers were Anupam Mittal, Namita Thapar, and Aprameya Radhakrishna.
- The company launched its Neo 1 product in March 2025.
- NeoSapien appeared on Shark Tank India Season 4 in 2025.
- Products were stolen from their booth at the India AI Impact Summit 2026.
- The startup aims to avoid hardware pitfalls seen in competitors like Humane.
The bigger picture
- The Indian AI wearables market was valued at $1.8 billion in 2024.
- This sector is projected to grow at a 31.2% CAGR to $12 billion by 2030.
- Global AI wearables are expected to reach $303.59 billion by 2035.
- GenAI adoption reached 16.3% of the global population by late 2025.
- Competitors like Humane AI Pin shut down after facing significant malfunctions.
About the business
- The Neo 1 is a thumb-size plastic pendant with a pulsing LED light.
- It listens to conversations and generates notes, transcripts, and reminders automatically.
- Users can toggle the device on or off using a dedicated mobile app.
- The LED pulses visually when the device is actively listening to audio.
- Neo OS uses patented technology and proprietary knowledge graphs for personalization.
- The device supports over 40 languages for accurate transcription and processing.
- No raw audio is stored on the device to ensure user privacy.
- Pricing for the Neo 1 is approximately ₹10,000 per unit.
- Sellers report moving thousands of units per month across various channels.
What happens next
- Business model emphasizes productivity assistant use cases for users.
The deal
- Type
- Seed Round
Investors
- Merak Ventures (Lead) — Venture Capital firm leading the seed round.
- Sameer Mehta (Angel) — Investor associated with boAt.
- Awais Ahmed (Angel) — Investor associated with Pixxel.
- Anupam Mittal (Angel) — Investor associated with Shaadi.com.
- Namita Thapar (Angel) — Investor associated with Emcure.
- Aprameya Radhakrishna (Angel) — Former executive at Koo.
Founders
- Dhananjay Yadav, Co-founder
- Aryan Yadav, Cousin and Co-founder
About NeoSapien
- Product
- AI wearable startup
- Customers
- Consumers and knowledge workers wanting continuous conversation transcription and AI cognitive assistance
- How it makes money
- Direct hardware sales of wearable AI devices along with ecosystem and operating platform services
- What sets it apart
- Lightweight wearable operating across 100+ languages to convert real-time audio conversations into actionable notes and insights
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