StoryFunding
Emotiv seeks $250M at a $2B valuation in its first major fundraise
Emotiv has opened its first large funding round in 15 years, aiming to raise $250M at a $2B valuation, according to 36Kr. The company says it has been cash-flow positive for a decade and holds over 100 million minutes of EEG recordings. No investors or closing had been reported.
- Target: $250M (about 1.7B yuan) at a $2B valuation.
- Emotiv claims a 67% market share in Europe and the US.
- Over 20,000 papers on Google Scholar cite its devices; 4,000+ institutional clients.
- Round open, not confirmed closed.