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Home Industry News Millions Funded for Medical Trials by Elon Musk’s Brain Implant Firm

Millions Funded for Medical Trials by Elon Musk’s Brain Implant Firm

11th August 2023

After obtaining approval to test its technology on humans, Elon Musk’s brain implant business announced a successful $280 million fundraising period.

Neuralink received investment from Founders Fund, according to a business statement. The venture capital firm supported Neuralink in a prior period of raising finance where they raised $205 million.

Neuralink will utilize the funding to address the worries raised by the US Food and Drug Administration regarding its brain-computer connection and obtain approval to launch a clinical study for the product.

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