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Entrepreneur Elon Musk’s mind chip startup Neuralink has raised $280 million in a Sequence D spherical led by Peter Thiel’s Founders Fund.
Neuralink didn’t reveal the present valuation of the corporate. Nonetheless, in June this yr, the startup was reportedly valued at roughly $5 billion.
Founders Fund has beforehand invested in Musk’s spacecraft producer SpaceX and infrastructure and tunnel development providers group, The Boring Firm. Other than that, the Enterprise Fund’s portfolio options Palantir, Paxos, Stripe, Fb, Airbnb, Spotify, and different famous startups. The corporate focuses on “discovering methods to assist technological improvement,” as “know-how is the elemental driver of progress within the industrialized world,” in line with its Manifesto.
Fremont-based Neuralink was co-founded in June 2016 by Elon Musk and a group of seven engineers and scientists. The corporate develops brain-computer interfaces (BCIs) that may be implanted in an effort to allow direct brain-to-computer communication. As acknowledged on Neuralink’s official web site, it goals to create “a generalized mind interface to revive autonomy to these with unmet medical wants right now and unlock human potential tomorrow.”
In Might of this yr, Neuralink acquired FDA approval for human trials in america.
“Excited to assist Neuralink’s subsequent chapter of serving to human sufferers in want. The group has been working for seven years to make this potential, pulling off technical breakthroughs that really feel like science fiction. The possibility to work with world-class groups accelerating a optimistic future is why I’m an investor, and even in that class Neuralink is particular,” wrote Founders Fund companion Scott Nolan on his X profile.
On a facet notice, Neuralink is searching for professionals who want to work on engineering challenges to revive imaginative and prescient and mobility. People with technical, operations, and security backgrounds can apply on the corporate’s web site.
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