Fundraising FoxConduit
San Francisco, US · 14 known investors
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Conduit builds non-invasive brain-to-computer interface technology, including a thought-to-text system where a headset completes a user's sentences from their thoughts. The company runs paid in-person data collection and testing sessions in San Francisco.
Also known as conduit
Founders & leadership
Investors · 14
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Funding
SEC filings, press & company announcements$6M disclosed across 1 of 3 rounds · 2024–2026
- $6MSeedMar 2026
Innovation Endeavors (lead), Y Combinator
Source ↗ - Undisclosed amountSeries AMay 2025Source ↗
- Undisclosed amountSeries AJun 2024
Haun Ventures (lead), Paradigm (lead)
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Company profile
researched Aug 2026Conduit is developing a non-invasive thought-to-text system. According to the company's website, a user puts on a headset and begins typing, and Conduit's software completes their sentences from their thoughts. The company describes its broader aim as building "mind-reading AI" for high-bandwidth, direct brain-to-computer communication, framed around automating tasks while keeping humans in the loop.
A central part of Conduit's current activity is first-party data collection. The company recruits paid research participants for in-person sessions at its San Francisco office, where participants speak and type responses to on-screen prompts while wearing a headset. Sessions are held at a location on Oak Street in San Francisco (ZIP 94117). Compensation is $50 for a completed two-hour session and $100 for four hours, paid by check; participants may complete a maximum of ten two-hour sessions in total and no more than two slots within any 24-hour period, and must be able to type on a keyboard without looking at it. Conduit reserves the right to decline any booking.
The company maintains a blog ("Thoughts") for updates from the team on thought-to-text technology. A December 7, 2025 post describes collecting 10,000 hours of neuro-language data in the company's basement and discusses operational and machine-learning lessons from running data collection 20 hours a day.
Business model
The public sources do not describe how Conduit generates revenue. Its disclosed activity to date consists of building thought-to-text software and running paid, in-person data collection and testing sessions, for which the company pays participants rather than charging customers.
Traction
A company blog post dated December 7, 2025 states that Conduit collected 10,000 hours of neuro-language data in its basement, running data collection 20 hours a day. No customer, revenue, or funding metrics appear in the available sources.
Latest developments
The most recent dated public item is a December 7, 2025 blog post describing the collection of 10,000 hours of neuro-language data and the operational and ML lessons from running data collection 20 hours a day. The website carries a 2026 copyright notice and continues to advertise open paid research sessions.
▸Full profile — technology, go-to-market, geography, history
Technology
Conduit describes a non-invasive brain-computer interface approach: a wearable headset paired with software that predicts and completes a user's sentences from their thoughts as they type. The company characterizes the underlying system as "mind-reading AI" aimed at high-bandwidth direct brain-to-computer communication with humans kept in the loop. Model development is supported by proprietary neuro-language data gathered in structured sessions in which participants speak and type responses to on-screen prompts while wearing the headset; a company blog post reports 10,000 hours of such data collected in-house.
Go-to-market
The company's public-facing activity is participant recruitment: its website and booking page solicit local volunteers for paid, in-person sessions in San Francisco, and it publishes a blog with technical and operational updates.
Not specified in the available sources. Current outreach is directed at research participants in the San Francisco area rather than at end customers.
Geography
Operations are based in San Francisco, California, with research sessions held at an Oak Street location in the 94117 ZIP code.
History
The available sources do not state a founding date, funding history, team size, or leadership. The earliest dated public artifact is a December 7, 2025 blog post.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 1
launches, deals, and filingsConduit published a blog post describing how it collected 10,000 hours of neuro-language data in its basement, and what it learned about operations and machine learning from running data collection 20 hours a day.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 8
primary sources listed
- Conduitcondu.it · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Conduit do?
- Conduit is building a non-invasive headset-based thought-to-text system that completes users' sentences from their thoughts.
- Who founded Conduit?
- Conduit was founded by Clem von Stengel, Rio Popper.
- Who are Conduit's investors?
- Conduit's investors include Transpose Platform Management, Wonder Ventures, Bankless Ventures, Coinbase Ventures, Credibly Neutral, Dragonfly, Drive Capital, Eniac Ventures and 6 more.
- How much funding has Conduit raised?
- Conduit has disclosed $6M raised across 1 of its 3 known rounds.
- Where is Conduit headquartered?
- Conduit is headquartered in San Francisco, US.