Breaking
SEED CLOSED — ABR's oversubscribed round led by Two Small Fish Ventures (Jan 2026) TSP1 — full-vocabulary speech recognition under 35mW WORLD-FIRST — single-chip solution for full-vocabulary ASR 10–100× — less power than competing voice AI WEF PIONEER — only Canadian tech company named in 2018 20M — parameters held on-chip
Company Profile · Edge AI Hardware
Applied Brain Research (ABR) logo
FIG. 1 — The mark. Lowercase, minimal, low-power. It matches the chips.

Applied Brain
Research.

Eight PhDs walked out of a Waterloo neuroscience lab and built a chip that hears you - full vocabulary, real time - without ever calling the cloud.

Waterloo, Ontario Founded 2014 ~14 people B2B Semiconductor Seed · 2026
<35mW
Speech, on-device
<35ms
ASR latency
20M
On-chip parameters
10–100×
Less power vs. rivals
The Story

A chip that does the cloud's job on a coin-cell budget

Here is a thing that sounds impossible until you look closely, at which point it sounds merely difficult, which in the chip business is roughly the same thing. Applied Brain Research - ABR to almost everyone - has built a piece of silicon that recognizes full-vocabulary human speech, in real time, while consuming less power than a hearing aid. Under 35 milliwatts. The way this normally works is that your smart speaker records you, ships the audio to a data center in another province, and a rack of GPUs figures out what you said. ABR's proposition is: what if it just didn't do that? What if the whole thing happened on a chip the size of a fingernail, in the room, and your voice never left the device?

The reason this is hard is that "just run the AI locally" is the sort of sentence that hides an enormous amount of engineering. Real speech recognition wants memory, compute and power - three things that edge devices, by definition, don't have much of. The usual move is to shrink the model until it fits, at which point it gets dumb. ABR's move was different and, characteristically for this company, came out of a math paper. Instead of the transformer architecture that eats most modern AI, ABR bet on state-space models, and specifically on something called the Legendre Memory Unit, a way of compressing a stream of time - audio, sensor data, biosignals - into a compact, efficient representation. It is named after an 18th-century French mathematician whose polynomials nobody expected to end up in your earbuds.

That bet is the whole company. State-space models are fashionable in AI research now; they were not when ABR started working on them, and ABR is the first company to actually put them into silicon. There is a lesson in here about being early, which is that it is indistinguishable from being wrong right up until it isn't. ABR spent roughly a decade in the "indistinguishable from wrong" phase. In January 2026 the seed round closed, oversubscribed, and the phase ended.

Caption — The mark sits alone on a dark tile, the way a good chip sits alone on a board. Nothing extra. That is on purpose; the company that made it spends its days deleting milliwatts.

"Voice is becoming the default interface for the next wave of edge devices - but using cloud voice AI solutions is a terrible experience."
KEVIN CONLEY · CEO, APPLIED BRAIN RESEARCH
Origins

It started as a book, then a compiler, then a chip

2005–2014 · Theory

The brain, on paper

ABR grew out of the University of Waterloo's Centre for Theoretical Neuroscience and Chris Eliasmith's book How to Build a Brain, which introduced the Semantic Pointer Architecture and the Neural Engineering Framework.

Nengo · Software

The brain, as code

The team built Nengo, an open-source neural compiler and simulator used to run Spaun - one of the largest functional brain models ever built - and to interface with Intel's Loihi neuromorphic chip.

TSP1 · Silicon

The brain, in silicon

The theory hardened into the Legendre Memory Unit, then into the TSP1 Time Series Processor - real hardware, sampling to customers, purpose-built for low-power time-series AI at the edge.

What You Can Build With It

Intelligence that stays in the room

The TSP1 is a general time-series engine, which is a fancy way of saying it is good at any signal that arrives as a stream over time - your voice, your heartbeat, the vibration of a motor. That makes the product list less "speech chip" and more "anything that listens."

Voice

Speech-to-text & text-to-speech

Full-vocabulary transcription and natural, expressive speech generation - on-device, low-latency, no cloud round-trip. The privacy and battery-life trade-off simply goes away.

Sensing

Biosignal classification

Real-time processing of health and bio-signals for wearables and medical devices, keeping sensitive data local by design.

Devices

Smart home, wearables, AR/VR

Voice interfaces and sensor fusion for earbuds, hearables, glasses and home devices where power and responsiveness decide whether a feature ships.

Industry

Industrial IoT & robotics

On-device signal processing for factory sensors and machines - inference at the edge, where connectivity is unreliable and latency is expensive.

The Hardware

TSP1, by the numbers

SpecTSP1 Time Series Processor
Speech power (ASR / TTS)Under 35 mW
Full-vocabulary ASR latencyUnder 35 ms
On-chip model capacityUp to 10M 8-bit or 20M 4-bit parameters
Processing core32-bit RISC MCU + state-space network fabric
MemoryIntegrated weight memory, SRAM, secure non-volatile memory
InterfacesI2C, SPI, I2S, PDM, GPIO, UART · up to 4 stereo audio inputs
Voltage1.65–3.6V, integrated 0.8V core DC-DC
Package42-pin WLCSP (0.5mm) or 44-pin QFN
Efficiency vs. alternatives10–100× lower power (company figure)

Caption — Specs are the poetry of hardware people. Read the first two rows again: cloud-grade speech, at the power of a hearing aid, answering before you finish the sentence.

The People

Eight founders, most with a PhD

A founding team drawn from Waterloo's computational neuroscience group. The unusual part isn't the credentials - it's that they turned academic theory into a shipping chip, a path most research groups never take.

Chris Eliasmith
Co-Founder · CTO
Kevin Conley
CEO · Co-Founder
Peter Suma
Co-Founder · Co-CEO
Terry Stewart
Co-Founder
Daniel Rasmussen
Co-Founder · Software
Travis DeWolf
Co-Founder · Customer Programs
Trevor Bekolay
Co-Founder · Applications
Xuan Choo
Co-Founder · AI Infrastructure
Recent Updates

The last two years

2026 · JANUARY

Closed an oversubscribed seed round led by Two Small Fish Ventures to commercialize the TSP1 edge voice chip.

2025 · NOVEMBER

Appointed Eva Lau, co-founder of Two Small Fish Ventures, to the board of directors.

2025 · OCTOBER

Published industry-application materials spanning AR/VR, wearables, smart home and robotics.

2024 · SEPTEMBER

Announced what it describes as the world's first single-chip solution for full-vocabulary speech recognition.

2018 · DAVOS

Named a World Economic Forum Technology Pioneer - the only Canadian tech company selected that year.

The Money

Seed round, oversubscribed

ABR closed its seed round in January 2026, led by Two Small Fish Ventures, following the release of the TSP1 chip. The amount was undisclosed; prior aggregate funding has been reported around $3.6M USD. Capital is earmarked for scaling the chip and its state-space AI models for edge inference.

Two Small Fish Ventures (Lead) Raptor Group OneEleven Garage Capital Silicon Catalyst ventureLAB Fast Forward AI FedDev Ontario
"The embedded AI market is at an inflection point. Applied Brain Research has demonstrated that sophisticated voice AI doesn't require the cloud."
EVA LAU · GENERAL PARTNER, TWO SMALL FISH VENTURES
Watch & Demo

See it work

Note — Links open YouTube search results for the most current official videos and interviews.

Quick facts: Applied Brain Research

Applied Brain Research (ABR) is a Waterloo, Ontario AI hardware company spun out of the University of Waterloo's Centre for Theoretical Neuroscience. It builds brain-inspired chips and software that run real-time AI - full-vocabulary speech recognition, text-to-speech and sensor processing - directly on edge devices at power levels measured in milliwatts. Its patented state-space models and the Legendre Memory Unit power the TSP1 Time Series Processor, which ABR calls the world's first single-chip solution for full-vocabulary speech recognition, doing the work of cloud voice AI while consuming 10 to 100 times less power.

Founded
2014
Headquarters
Waterloo, Ontario, Canada
Founders
Chris Eliasmith (Co-Founder & CTO), Kevin Conley (CEO & Co-Founder), Peter Suma (Co-Founder & Co-CEO), Terry Stewart (Co-Founder), Daniel Rasmussen (Co-Founder, Software), Travis DeWolf (Co-Founder, Customer Programs), Trevor Bekolay (Co-Founder, Applications), Xuan Choo (Co-Founder, AI Infrastructure)
Team size
~14 employees
Products
TSP1 Time Series Processor, State Space Models, Nengo, Developer Kit
Notable
Named a 2018 World Economic Forum Technology Pioneer - the only Canadian tech company selected that year., Demonstrated what it calls the world's first single-chip solution for full-vocabulary speech recognition., First company to demonstrate silicon for state-space models (A0 silicon running ASR at ~35mW, ~120ms latency, ~10% word error rate).

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