Neuralink
Founded in 2016, based in Fremont, CA, it employs around 250 people. It operates in HealthTech, Therapeutic Devices, Neurologial Diagnostics and Artificial Intelligence.
What is Neuralink?
Developer of an implantable brain-machine interface designed to help people with paralysis. The company's interface is designed to treat and diagnose neurological conditions in humans and conceivably augment human cognitive powers, enabling doctors to treat serious brain diseases in the short term.
Business Development
Neuralink has spent the last four years building the first high channel count brain machine interface intended for therapeutic use in patients. Their first product, the N1 Link, is a 1024 channel device that, once implanted, is completely invisible and transmits data via a wireless connection. The first indication this device is intended is to help people with quadriplegia regain their digital freedom by allowing users to interact with their computers or phones in a high bandwidth and naturalistic way. The funds from the round will be used to take Neuralink’s first product to market and accelerate the research and development of future products. Neuralink has received approval from the FDA for human testing.
Key Investors
Funders Fund, GigaFund, Elon Musk, Valor Equity Partners and GV.
Neuralink stock
Neuralink stock price source: IPO CLUB Valuation at Market©
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Most Recent Financing Status
The company raised $280 million of Series D venture funding in a Neuralink stock deal led by Founders Fund in August 2023, putting the company's post-money valuation at $5 billion. The company will use the funding to take its first product to market and accelerate the research and development of future products.
How to invest in Neuralink?
Latest news
JAN 2024: Neuralink breakthrough in brain-computer interface
Sep 2023: Neuralink raises $280 million in Series D round led by Founders Fund
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Neuralink is developing a fully-implanted, wireless, high-channel count brain-machine interface (BMI) with the goal of enabling people with paralysis to directly use their neural activity to operate computers and mobile devices with speed and ease.
