“NeuroSky, as well as having a slightly ominious sci-fi-ish name, has just succeeded in raising nearly $12 million in funding to develop its business. What’s its business? Also very cool and sci-fi-ish: Brain sensors for mind-controlled games.
Remember that mind-controlled game from Mattel–Mindflex–that hit the news last year, with all sorts of references to the Force and so on? It’s powered by some NeuroSky sensors. The technology is an advance on the sort of tech used for decades to perform electroencephalography, medical measurements of the electrical behavior of the brain. NeuroSky’s been working on the science since its inception in 2004, and had been working from its previous venture funding of just $6.8 million, and sales of its MindSet product. The new venture round was uncovered by the folks over at VentureBeat, and it reveals that NeuroSky’s just added $11.8 million to its coffers.”

Kit Eaton
Fast Company
June 22, 2010

http://www.fastcompany.com/1662632/neurosky-mind-reading-mind-flex-games-control-brainwaves-sensors