Wearable startup NeoSapien raises $2 Mn in seed round led by Merak Ventures

AI wearable startup NeoSapien has raised 2 million dollars (Rs 18 crore) in a seed funding round led by Merak Ventures, with participation from a group of prominent angel investors, including Pixxel founder Awais Ahmed, Anupam Mittal, boAt co founder Sameer Mehta, Namita Thapar, Aprameya Radhakrishna and others.

The Bengaluru based startup had previously mopped up $92.4K from Namita Thapar and other investors.

The fresh capital will be used to accelerate product development, enhance market visibility and strengthen the team across functions, NeoSapien said in a press release.

Co-founded in 2024 by Dhananjay Yadav and Aryan Yadav, NeoSapien is a next generation AI company shaping the future of wearable intelligence. Its flagship product, Neo 1, is an AI native wearable designed to transform everyday conversations into actionable insights. The startup aims to create a new category in personal technology, one that blends adaptive intelligence with human intuition.

Neo 1 acts as a Personal AI Assistant, or a “second brain.” The always on device builds persistent memory, reasons over time and proactively surfaces insights at the right moment without demanding constant attention. Supporting more than 100 languages from Kannada to Mandarin, it combines advanced contextual intelligence with hardware innovation, enabling users to capture, process and organize everyday conversations and actions in real time.

NeoSapien says it aims to build the operating system layer for all AI assistants from glasses and pendants to watches and rings. Its NeoCore SDK will also enable businesses to build applications on top of this core intelligence layer.

Managed by Manu Rikhye and Sheetal Bahl, Merak Ventures is a sector agnostic early stage venture fund that invests in companies solving real problems and creating large scale impact in the B2B and emerging technology sectors.