What is Muse?
Muse is at the forefront of making the intangible tangible, developing a research-grade EEG device designed to passively sense brain activity. This technology translates neural signals into guiding sounds, akin to weather patterns, to enhance user calmness and focus. The company offers scientifically validated Muse devices and programs aimed at integrating mindfulness and meditation into organizational settings, thereby helping employees reduce stress, build resilience, and improve engagement.
How much funding has Muse raised?
Muse has raised a total of $38.3M across 4 funding rounds:
Angel/Seed
$1.2M
Series A
$6M
Series B
$21.6M
Series C
$9.5M
Angel/Seed (2012): $1.2M, investors not publicly disclosed
Series A (2013): $6M, investors not publicly disclosed
Series B (2017): $21.6M supported by OMERS Ventures and Export Development Canada
Series C (2022): $9.5M featuring Export Development Canada and Alabaster
Key Investors in Muse
Export Development Canada
Export Development Canada, founded in 1944, provides risk management, secure financing, and working capital services, headquartered in Ottawa, Ontario, Canada.
Alabaster
Alabaster Publishing is a ministry focused on providing encouragement, instruction, direction, and revelation to those who serve God, aiming to make their works acceptable and useful to God's people.
OMERS Ventures
OMERS Ventures is an investment group that offers pension plans for employees through various businesses, indicating a focus on diversified and established ventures.
What's next for Muse?
With the recent major strategic investment, Muse is poised for significant expansion and further innovation in its neurotechnology offerings. The substantial capital infusion, part of its $38.3M in total funding, suggests a strategic push towards scaling operations, enhancing product development, and potentially broadening its market reach. This funding will likely enable Muse to deepen its impact in corporate wellness and personal mindfulness, solidifying its position as a leader in brain-sensing technology.
See full Muse company page
