Cognixion has filed a notice of an exempt offering of securities to raise $5,000,000.00 in New Debt Financing.
According to filings with the U.S. Securities and Exchange Commission, Cognixion is raising $5,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Andreas Forsland played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Cognixion
Cognixion is building the worlds most accessible AR (#Assisted Reality) wearable device with integrated brain computer interface technology (#BCI) as a wireless, wearable go-anywhere neural interface. Cognixion is based in Santa Barbara, California and Toronto, Ontario. Its solutions elegantly blend the power of artificial intelligence (A.I.), neuroscience (BCI) and augmented/assisted reality (AR). Cognixion is internationally recognized for its innovation and use of exponential technologies to solve a social and healthcare global challenge – affecting the lives of 509 million people unable to speak. Cognixion has won the prestigious Red Dot Best of the Best Award, IDSA IDEA Gold Award, The Roddenberry Prize, the Edison Award Gold, and the Singularity University Global Grand Challenge for Education for its potential to impact over a billion lives.
To learn more about Cognixion, visit http://www.cognixion.com/
Contact:
Andreas Forsland, Chief Executive Officer
833-264-6496
https://www.linkedin.com/in/andreasforsland/
SOURCE: http://www.intelligence360.io
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