Elon Musk's brain-chip startup, Neuralink raises over $200 million
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Neuralink aims to implant wireless brain-computer chips to help cure neurological conditions including Alzheimer's, dementia, and spinal cord injuries and fuse humankind with artificial intelligence
Billionaire entrepreneur Elon Musk's brain-chip startup, Neuralink, has raised $205 million in funding from Alphabet Inc's Google Ventures.
Neuralink aims to implant wireless brain-computer chips to help cure neurological conditions including Alzheimer's, dementia, and spinal cord injuries and fuse humankind with artificial intelligence.
The company released a video in April showing a male macaque playing a videogame "Mind Pong" after getting chips embedded on each side of its brain.
First @Neuralink product will enable someone with paralysis to use a smartphone with their mind faster than someone using thumbs
— Elon Musk (@elonmusk) April 9, 2021
Valor Equity Partners, Craft Ventures and Founders Fund also participated in the series C funding round.
Co-founded by Musk in 2016, San Francisco-based Neuralink will use the funds to take its first product, N1 Link, to the market, and for research and development.
Musk has a history of bringing together diverse experts to develop technology previously limited to academic labs through companies such as Tesla Inc, SpaceX and Boring Co.
SpaceX, a private space company, said in an amended regulatory filing in April, it had raised about $1.16 billion in equity financing.
(With inputs from agencies)
