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Home Science & Technology Startup Nation Tech Bits

Elon Musk's brain-chip startup Neuralink raises over $200M

by  Reuters and ILH Staff
Published on  07-30-2021 11:30
Last modified: 07-30-2021 10:56
Elon Musk's brain-chip startup Neuralink raises over $200MGetty Images

Neuralink aims to implant wireless brain computer chips to help cure neurological conditions including Alzheimer's, dementia and spinal cord injuries | File photo: Getty Images

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Billionaire entrepreneur Elon Musk's brain-chip startup, Neuralink, has raised $205 million in a funding round led by Dubai-based venture capital firm Vy Capital, with participation from Alphabet Inc's Google Ventures, the company said on Thursday.

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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.

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," Musk tweeted in June.

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