Musk’s Neuralink Raises $280 Million to Develop Brain Implants

Neuralink Corp., Elon Musk’s brain-implant company, has raised $280 million in new funding from investors to develop its technology.

The startup announced the funding round in a post on Musk’s X social network, formerly known as Twitter. The deal was led by Founders Fund, a venture capital firm backed by billionaire Peter Thiel.

Neuralink is the best-known player in a growing field of brain technology companies. Partly spurred by Neuralink’s high profile, investors have backed dozens of other startups exploring similar technology. Startups in the neurotechnology field raised $143 million this year through June 26, according to PitchBook data. That compares to ...