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§ Private Profile · 3000 Kent Ave Ste 1544, West Lafayette, Indiana, 47906, United States
Engineers Wi-R electric-field wireless chips for ultra-low-power, high-bandwidth connectivity in wearables, AR/VR, and robotics.
Ixana has raised $3.0M across 1 funding round.
Key people at Ixana.
Ixana has raised $3.0M in total across 1 funding round.
Ixana is a Seattle, Washington-based company that develops Wi-R, an electric-field (E-field) wireless technology for ultra-low-power, high-bandwidth connectivity in wearables, AR/VR, robotics, and industrial applications. The company engineers proprietary chips, circuit boards, and firmware, applying first-principles physics to enable always-on, low-latency edge AI across a range of personal devices, addressing critical needs for next-generation computing. Their Wi-R technology is designed to mimic the efficiency of the human nervous system, facilitating seamless human-AI collaboration and supporting the development of lightweight, all-day wearable AR glasses. Ixana currently operates with approximately 25 employees and has reported revenue of less than $5 million. The company has secured a total of under $5 million in funding across one round, which includes a $3 million seed investment specifically aimed at accelerating Wi-R development for the wearable AR market. A spin-off from Purdue University, Ixana was founded in 2020.
Ixana has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in November 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 29, 2022 | $3M Seed | — | Rory Moore, Hack VC, Paradigm Shift Capital, Samsung Next, Uncorrelated Ventures | Announced |
Ixana is a wearable hardware company based in Indiana, United States, specializing in a distributed network of high-speed human-computer interfaces through its patented Wi-R silicon chip[1][3][4]. The Wi-R technology enables 100 times more energy-efficient, secure, non-radiative communication than Bluetooth or Wi-Fi, powering all-day, real-time AI in charging-free wearables for AR/VR headsets, smart devices, and defense applications[3][4][5]. Ixana serves developers, electronics manufacturers, AR/VR ecosystems, and defense sectors by solving key wearable limitations like battery drain, thermal issues, and wired constraints, enabling lightweight, full-day usage with always-on features[1][5][6]. With 51-200 employees, $3M in seed funding from 2022 (investors including Purdue Ventures, Hack VC, Samsung NEXT, and EvoNexus), CES 2024 Innovation Award, product launches like YR11 and developer kits, and partnerships (e.g., OTTO Engineering, unannounced defense contracts), Ixana shows strong growth momentum toward ubiquitous integration in consumer and military devices[1][2][3].
Ixana, originally Quasistatics Inc., was founded in 2020 by Angik Sarkar (CEO), Shreyas Sen (CTO and Purdue Elmore Associate Professor of Electrical and Computer Engineering), and Shovan Maity (Head of Research), leveraging IP licensed from Purdue University via the Purdue Innovates Office of Technology Commercialization[3][4][7]. The idea emerged from Sen's peer-reviewed research on high-speed body-area networks, debuting the Wi-R chip at CES 2023 to address wearable communication bottlenecks[4][5]. Early traction included a $3M seed round in November 2022, backed by Purdue Ventures and others, enabling a 15+ member team of alumni from Intel, Qualcomm, Silicon Labs, and Texas Instruments to ship developer kits in early 2023 and secure alliances like OTTO Engineering plus defense contracts[2][3][5].
Ixana rides the explosive growth in AR/VR wearables, metaverse, and edge AI, where billions in investments face hardware hurdles like power inefficiency preventing all-day consumer adoption[5][6]. Timing aligns with surging demand for lightweight, untethered devices amid advancements in distributed AI and human augmentation, amplified by defense needs for tactical wearables[3]. Market forces favoring Ixana include miniaturization trends, security mandates in body-area networks, and partnerships with household-name electronics firms, positioning Wi-R for embedding in smartphones, smartwatches, and headsets to expand human cognition[1][3][4]. By enabling real-time, efficient HCI, Ixana influences the ecosystem, fostering developer adoption and accelerating shift from wired to wireless paradigms in wearables.
Ixana's trajectory points to scaled commercialization of Wi-R across consumer AR/VR, defense, and IoB (Internet of Bodies), fueled by follow-on Purdue funding, new features, security enhancements, and hiring for growth[3]. Trends like pervasive AI wearables and metaverse expansion will propel adoption, potentially making Wi-R a standard like Bluetooth. Influence may evolve through ubiquitous device integration, strategic alliances, and defense contracts, revolutionizing HCI from niche to everyday—transforming Ixana from Purdue spinout to wearable tech cornerstone[3][4].
Ixana has raised $3.0M in total across 1 funding round.
Ixana's investors include Rory Moore, Hack VC, Paradigm Shift Capital, Samsung Next, Uncorrelated Ventures.
Key people at Ixana.