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.
“The device is implanted flush with skull & charges wirelessly, so you look & feel totally normal,” he added.
Valor Equity Partners, Craft Ventures and Founders Fund also participated in the series C funding round.
Co-founded by Musk in 2016, San Francisco-based Neuralink will use the funds to take its first product, N1 Link, to the market, and for research and development.
Musk has a history of bringing together diverse experts to develop technology previously limited to academic labs through companies such as Tesla Inc, SpaceX and Boring Co.
SpaceX, a private space company, said in an amended regulatory filing in April, it had raised about $1.16 billion in equity financing.
