Blumind Inc

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Blumind Inc - overview

Established

2020

Location

-, ON, Canada

Primary Industry

Semiconductors

About

Blumind develops innovative all-analog neural signal processors (NSPs), providing ultra-low power solutions for diverse applications such as keyword detection and real-time classification, serving various industries including healthcare and smart mobility. Blumind specializes in creating advanced neural signal processors designed for low power and low latency applications. The company was founded in Canada and has completed one funding round. On April 8, 2025, Blumind raised CAD 20 million in Series A funding, co-led by BDC Capital and Cycle Capital Management, with involvement from several other investors.


The founder's background includes experience with various technology ventures, but specific previous companies are not mentioned. Blumind specializes in the development of all-analog neural signal processors (NSPs) that deliver ultra-low power, low latency, and small footprint solutions for a variety of applications. Their flagship products, the BM110 and BM210, cater to diverse use cases including always-on keyword detection, environmental classification, and real-time visual classification. These products are designed for integration into wearables and personal devices, industrial applications, and security systems, targeting markets that require efficient, continuous AI functionality.


Key sectors served include smart mobility, healthcare, and consumer electronics, with a focus on delivering solutions to clients globally, particularly in North America, Europe, and Asia. Blumind generates revenue through partnerships and direct sales of its analog AI solutions to OEMs and ODMs across various sectors. The company engages in B2B transactions, providing products that are integrated into clients' offerings, thereby contributing to their end-user applications. Revenue is derived from the sale of its NSP products, including AMPL™ IP core technology, which allows seamless integration into existing systems.


Partnerships with manufacturers and technology firms enable Blumind to expand its reach, while the pricing structure reflects the advanced capabilities and efficiencies of their products, ensuring they remain competitive within the deep-tech semiconductor market. In April 2025, Blumind raised CAD 20 million in Series A funding, which will be utilized to enhance its artificial intelligence-based analog technology. The company plans to develop new products designed for specific applications and aims to enter additional markets in North America, Europe, and Asia by the end of 2026.


Current Investors

BDC Capital, Cycle Capital Management, Real Ventures

Primary Industry

Semiconductors

Sub Industries

Integrated Circuits, Semiconductors, Application Integration Software

Website

www.blumind.ai

Verticals

Artificial Intelligence, Cloud Computing, IoT (Internet of Things), Manufacturing

Company Stage

Series A

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.