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Neuralink Raises $600 Million in Funding Round, Valued at $9 Billion
Elon Musk’s brain implant startup, Neuralink, has secured a staggering $600 million in a recent funding round, bringing the company’s valuation to $9 billion pre-money, as reported by Semafor citing anonymous sources. The specific investors involved in this round were not disclosed. This significant funding round comes after Neuralink’s previous venture capital raise of $43 million in November 2023, when the company was valued at around $5 billion.
Breakthrough Technology and Milestones
Neuralink’s groundbreaking technology has been making waves, with the company receiving “breakthrough device” clearance from the U.S. FDA last year. Notably, three individuals have already received implants created by Neuralink. In a remarkable display of the technology’s capabilities, a nonverbal patient recently shared a video demonstrating how he uses a Neuralink implant to edit and narrate YouTube videos solely through his brain signals. This recent development showcases the transformative potential of Neuralink’s innovative brain-computer interface technology.
