AI wearable startup NeoSapien raises $2 million led by Merak Ventures, angel investors

NeoSapien, an AI-native wearable startup, has raised $2 million (Rs 18 crore) in a seed funding round led by Merak Ventures.

The round also saw participation from a group of prominent angel investors, including Awais Ahmed (Founder - Pixxel), Anupam Mittal (Founder, Shaadi.com), Sameer Mehta (Co-Founder, boAt), Namita Thapar (Emcure Pharmaceuticals), Aprameya Radhakrishna (CEO, Koo), amongst others. 

The startup plans to use the fresh capital towards accelerating product development, enhancing visibility in the market, and strengthening the team across functions.

Founded in 2024 by Dhananjay Yadav and Aryan Yadav, NeoSapien claims that its flagship product, Neo 1, is India’s first AI-native wearable, designed to transform everyday conversations into actionable insights.

Neo 1 acts as a Personal AI personal assistant (PAIA) or a “second brain”. The startup said that PAIAs are an emerging category of ambient intelligence devices that go well beyond today's AI tools.

Working naturally across 100+ languages from Kannada to Mandarin, Neo 1 combines advanced contextual intelligence with hardware innovation, enabling users to seamlessly capture, process, and organise everyday conversations and actions in real time.

“We're building technology that fades into the background so you can stay present in your life," said Dhananjay Yadav and Aryan Yadav, Co-founders of NeoSapien. 

“Think about the cognitive load we carry - remembering conversations, following up on context from weeks ago, piecing together information. Neo 1 handles that seamlessly. We're freeing up human intelligence for what actually matters." 

Sheetal Bahl, Founding Partner at Merak Ventures, said, “Seldom has India had a chance to participate in a global, tectonic shift, but with PAIAs, it has a real shot at doing so. NeoSapien is by far the top contender to take India there. Aryan and Dhananjay have achieved something incredible already – creating a cracking consumer product out of India in less than a year and with a paltry sum of money, but that’s just the start. We believe NeoOS will power hundreds of millions of upcoming AI consumer wearables sold in India and across the world every year.”