Neuralink Raises $600 Million in Funding Round, Valued at $9 Billion
Elon Musk’s brain implant startup, Neuralink, has successfully raised $600 million in a recent funding round, bringing the company’s valuation to an impressive $9 billion pre-money, as reported by Semafor, citing undisclosed sources.
The specific investors involved in this funding round were not disclosed by Semafor. This funding round follows Neuralink’s previous venture capital raise of $43 million in November 2023, where the company was valued at approximately $5 billion in June 2023, as noted by Reuters.
Despite attempts to reach out to Neuralink for comment outside of regular business hours, the company did not respond immediately.
Semafor’s report aligns with earlier information shared by Bloomberg in April, which indicated Neuralink’s goal of raising $500 million at an $8.5 billion pre-money valuation.
In a significant achievement last year, Neuralink received the “breakthrough device” clearance from the U.S. FDA. To date, three individuals have received implants developed by Neuralink. Recently, a nonverbal patient shared a video demonstrating how he utilizes a Neuralink implant to edit and narrate YouTube videos solely through his brain signals.
