Georgiasville, Florida-based neurotech firm Canaery revealed on July 1, 2022, that it has raised more than USD 4 million in seed funding to hasten the development of its scent-sensing platform. Canaery digitizes smell to improve how we perceive and monitor our environment.

Major investors Dolby Family Ventures, KdT Ventures, and SOSV also participated in the round, which Breakout Ventures headed. Before this, Canaery belonged to the IndieBio class of 2021.

What the founder has to say:

Gabriel Lavella, CEO and founder of Canaery:

“Canaery is the first business to effectively utilize the olfactory system found in nature rather than attempting to reverse millions of years of development. I’m appreciative of our investors’ support and belief in us, as well as the effort and commitment of everyone on team Canaery. As we go toward full commercialization, this funding will enable us to hire more top-tier engineering expertise and increase our R&D spending.”

What investors have to say:

Board member of Canaery and managing partner of Breakout Ventures, Lindy Fishburne:

“We have been researching ways to digitize fragrance for years, but we have never discovered a method as sophisticated and adaptable as Canaery’s technique.”

More about the company:

Canaery was founded by former Allen Institute senior scientist Peter Ledochowitsch, former DARPA engineering advisor Gabriel Lavella, and NYU Langone Health professor of neuroscience Dmitry Rinberg. Canaery digitizes smell to improve how people perceive and monitor their environment. The business wants to assist sectors like medical diagnostics, physical security, and global supply chain monitoring by fusing olfactory evolution with cutting-edge neural implant technology.

Animals have been educated throughout history to recognize and react to helpful scents that are otherwise undetectable to humans. Dogs are used for everything from wildlife hunting to drug interdiction, and rats and pigs have been trained to find truffles and detect landmines.

Canaery can detect every fragrance that enters a working animal’s natural olfactory system using a patented neural interface based on over ten years of primary research and wirelessly communicate the chemical signatures to the cloud for analysis. Even if the animal isn’t consciously aware of the scent, everything happens in seconds. There is no requirement for specific training and no possibility of unintentional handler misdirection. Canaery can recognize scents that the animal may have never encountered.

The ensuing continuous analysis can be utilized for early disease diagnosis, stopping the spread of invasive species, or recognizing other scent-based markers like explosives and environmental dangers.

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Kshitij does business research and content writing for VCBay. Pursuing BBA from Symbiosis Center Of Management Studies (SCMS) Pune, he is skilled in Financial Modeling, Stock valuation and Microsoft Excel. He is passionate about Entrepreneurship and Finance.

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