Startups
Arctop Los Angeles, California
Arctop builds hardware-agnostic brain-computer interface software that decodes consumer EEG from headphones, earbuds, and glasses into real-time metrics such as attention, cognitive load, and enjoyment. The company licenses an SDK and API layer to developers rather than selling proprietary sensors or reconstructing thoughts.
Founded 2016
Investments
team@apexlogos.ai · 21 days ago
RELATED team@apexlogos.ai · 27 days ago
Research note — Arctop (consumer EEG software / BCI intelligence layer). Researched 2026-09-09.
LISTINGS
- Official: https://arctop.com/ (WebGL film; little crawlable text). Use https://arctop.com/llms.txt , https://arctop.com/deep-dives , https://docs.arctop.com , https://github.com/arctop , https://www.linkedin.com/company/arctop , https://x.com/ArctopTech .
- Team: https://arctop.com/who-we-are (Dan Furman Co-founder & CEO; Eitan Kay Co-founder & CTO; Ben Kogan Chief of Staff; Kuan-Jung Chiang Senior Algorithm Engineer; advisors Inon Beracha, Hillel Pratt).
- Neurofounders startup: https://www.neurofounders.co/startups/arctop (USA, 2016, Tools and Infrastructure, hardware-agnostic SDK, Series A).
- Assigned article: https://www.neurofounders.co/articles/inside-the-frontier-of-brain-foundation-models (7 Sep 2026) — Dan Furman on consumer EEG models vs Piramidal clinical EEG foundation models.
- Crunchbase: https://www.crunchbase.com/organization/arctop
- PitchBook: https://pitchbook.com/profiles/company/231323-23
- CB Insights: https://www.cbinsights.com/company/arctop and /financials
- Series A PR: https://www.prnewswire.com/news-releases/arctop-a-cognition-company-building-software-that-decodes-the-human-brain-announces-10m-series-a-funding-co-led-by-fifth-growth-fund-and-supermoon-capital-301951662.html (10 Oct 2023)
- AFWERX PR: https://www.prnewswire.com/news-releases/arctop-secures-1-25m-afwerx-contract-to-enhance-air-force-training-through-cognition-adaptive-simulations-302256313.html (24 Sep 2024)
- Newsroom: https://arctop.com/news claims “10M+ Series A Funding” and “2M+ Gov Contracts”.
- CA entity: Arctop, Inc., Delaware corp, CA file 3922289, filed 2016-06-28; current address 215 Culver Blvd #5010, Playa Del Rey, CA 90293 (PitchBook 90296). Agent/CEO Dan Furman, 8125 Colegio Drive, Los Angeles, CA 90045.
PRODUCT
Software layer, not thought reconstruction and not proprietary sensors. Hardware-agnostic SDK/API (iOS, Android, Unity) that turns non-invasive EEG from everyday wearables into structured cognitive metrics.
Form factors (official technology/product pages and Neurofounders): headphones, earbuds, glasses/AR-VR headsets, headbands, helmets. Current production example: Neurable/Master & Dynamic MW75 Neuro EEG headphones (Neurofounders article; Arctop CTO deep dive https://arctop.com/deep-dives/consumer-eeg-hardware ). Earlier research used Muse 2/S headbands. Apps on iOS/Android; companion “Arctop Info” on Google Play.
Decoded states: attention/focus, cognitive load/workload, enjoyment; also brain-based identity (Brain ID), memory, visual/auditory attention. Explicitly not raw thought/speech reconstruction. Personalized per-user models plus a more general EEG model that still calibrates (Furman on Neurofounders webinar). Privacy: company says it does not share raw brain data; user dashboard for permissions/deletion.
Applications: developer APIs; Isaac (RLbF) assistant in the Arctop app; surgical training (Stanford Medicine / Wellcome Leap SAVE); AFWERX cognition-adaptive Air Force simulations with MetaTeq and BigBear.ai; entertainment/analytics (Neuos Eureka, Endel).
MATERIALS
- https://arctop.com/llms.txt and https://arctop.com/llms-full.txt
- https://arctop.com/deep-dives/consumer-eeg-hardware (28 Mar 2025, Eitan Kay) — consumer EEG in headphones/earbuds/glasses; SDK metrics “focus level” / “enjoyment level”.
- https://arctop.com/deep-dives/rlbf-reinforcement-learning-from-brain-feedback (23 Aug 2026) — five scores/sec from encrypted on-device EEG; Isaac ships in Android/iOS apps.
- https://arctop.com/deep-dives/memory-decoding-from-eeg-at-home (15 Jul 2024)
- Patents under Dan Furman and Eitan Kwalwasser (Kay’s legal name on USPTO): BCI methods, empathic computing, interactive content delivery (US/EU/Japan). Newsroom claims 15+ granted patents.
- FGF portfolio writeup: https://fgf.co/ (Arctop listed; firm also posted the AFWERX award).
- Supermoon: https://supermooncapital.com/network lists Mike Masterson as Arctop director.
FUNDING (verified vs aggregator)
Verified and entered: Series A, 2023-10-10, USD 10,000,000, co-led by Fifth Growth Fund (Royce Wilson) and Supermoon Capital (Mike Masterson). Primary: company PR Newswire. FinSMEs, FGF, Supermoon portfolio pages consistent. PitchBook lists this deal as $9.8M (likely Form D sold amount vs announced $10M); used the company announcement.
Not entered — earlier equity: PitchBook shows Early Stage VC 23 Jun 2017 $1.5M and another 1 Nov 2018 (amounts hidden); CB Insights shows Seed 15 Jun 2017 and Seed VC-II 14 Jul 2020 (amounts hidden). Dates conflict. PitchBook total raised $16.3M vs CB Insights/VCBacked $10M (they appear to count only the announced Series A). No Form D or company press found for seed amounts.
Not entered — aggregator investors without a primary round attribution: Script Capital (IVC lists seed ~2017 and Series A 10 Oct 2023; not on script.capital public portfolio), The MBA Fund, Metropolis VC / Metropolis Ventures, 15Angels III (PitchBook; 2 of 7 investors paywalled). Rule: do not add unconfirmed syndicate members.
Not an equity round: AFWERX Direct-to-Phase II SBIR $1.25M (24 Sep 2024). Newsroom “2M+ Gov Contracts” implies additional government awards not itemized. Wellcome Leap SAVE is a Stanford-led collaboration, not Arctop fundraising. Israel Brain Technologies / Google Tel Aviv accelerator (2016) was non-equity.
TEAM (entered vs not)
Entered founders: Dan Furman, Co-Founder & CEO (LinkedIn https://www.linkedin.com/in/danieljfurman , X https://x.com/DanFurmankind ); Eitan Kay, Co-Founder & CTO (LinkedIn https://www.linkedin.com/in/eitankay ). Met at IBT accelerator, Google Tel Aviv, 2016; CA corp filed 28 Jun 2016. Furman: Harvard neurobiology, Technion Ph.D., prior Hawking BCI work. Kay: self-taught engineer/cybersecurity (patents as Eitan Kwalwasser).
Entered investor-side: Fifth Growth Fund (new), Royce Wilson Partner; reused Supermoon Capital; added Mike Masterson (Co-Founder & Managing Partner at Supermoon; Director at Arctop per supermooncapital.com/network).
Not entered (employees/advisors, not founders or verified investors): Ben Kogan (Chief of Staff), Kuan-Jung Chiang (Senior Algorithm Engineer), Inon Beracha and Hillel Pratt (scientific advisors). Former: Itai Preis, Nathan Myers, Sheng-Hsiou Hsu. Contract CFO Donna Trauger appears on sales-intel sites only.
SCHEMA GAPS / UNFIT
- Round type/name (Series A vs seed) is not a first-class field; 2023-10-10 + USD 10M is the identifier.
- Per-investor check sizes for FGF/Supermoon on this deal unknown; participation amounts omitted.
- PitchBook $9.8M vs announced $10M; stored announced $10M.
- Seed/2017–2020 rounds: conflicting dates and missing primary sources — not created.
- Government SBIR/contracts and grants are not VC rounds.
- Accelerator (non-equity) not modeled.
- Board vs investor: Masterson’s Arctop Director role stored as employment/affiliation, not a personal investment.
- Founders stored as AddInvestor affiliations with no personal investment (none disclosed).
- Legal name Eitan Kwalwasser vs public Eitan Kay.
- HQ drift: founded San Francisco 2016, Tel Aviv R&D 2017, Tokyo sales 2019, now Playa Del Rey / Los Angeles; stored current Los Angeles.
- Employee count ~15 (PitchBook) / 11–50 (LinkedIn); not a schema field.
- No verified angels with personal checks. 15Angels III is an angel group in PitchBook only.
- Script Capital / MBA Fund / Metropolis / 15Angels III left out of the cap table until a press, Form D, or firm portfolio page names the round. SHOW MORE