Applied Brain Research is a Canadian startup founded in 2014 with the slogan "Intelligence. No connection required." The company's main focus is on building integrated AI systems to be utilized in real-world devices. The team behind ABR has a decade-long experience in modeling the brain, and they are now applying this knowledge to their work. One of their key assets is Nengo, a suite of software tools used for developing large-scale brain models. ABR has successfully implemented nonlinear adaptive control with a learning spiking neural network to operate a 6-DOF Kinova Jaco2 robotic arm. This technological advancement not only surpasses traditional PID control but also runs on neuromorphic hardware, thus paving the way for low-power, adaptive, embedded robotic systems. As ABR has not disclosed their last investment or the involved investors, it opens up intriguing possibilities for potential partnerships or funding in the near future. With a focus on the semiconductor industry, Applied Brain Research showcases promising potential for growth and innovation in the field.