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Musk’s Brain-Computer Startup Neuralink Raises $205 Million (3)

July 30, 2021, 4:14 PM

Neuralink, the futuristic brain-computer interface company founded by Elon Musk, said it has raised $205 million in fresh venture backing, by far the biggest haul of any company in its field.

In a blog post on Thursday, Neuralink said Dubai-based venture firm Vy Capital had led the latest funding round. It comes two years after filings showed Neuralink was raising $51 million in a previous round.

The funds will help Musk’s Austin, Texas-based Neuralink work on its brain implant for quadriplegics, a device which in time could also assist other people with neurological disorders. The technology could help provide patients “digital freedom” by ...

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