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Neuralink has filed a notice of an exempt offering of securities to raise $280,274,981.00 in New Equity Investment.

Neuralink has filed a notice of an exempt offering of securities to raise $280,274,981.00 in New Equity Investment.

August 31, 2023 Craig Etkin

According to filings with the U.S. Securities and Exchange Commission, Neuralink is raising $280,274,981.00 in new funding. Sources indicate that as part of senior management President, Max Hodak played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Neuralink
Neuralink is a team of exceptionally talented people. We are creating the future of brain-machine interfaces: building devices now that will help people with paralysis and inventing new technologies that will expand our abilities, our community, and our world. Our goal is to build a system with at least two orders of magnitude more communication channels (electrodes) than current clinically-approved devices. This system needs to be safe, it must have fully wireless communication through the skin, and it has to be ready for patients to take home and use on their own. Our device, called the Link, will be able to record from 1024 electrodes and is designed to meet these criteria.

To learn more about Neuralink, visit http://neuralink.com/

Contact:
Max Hodak, President
650-342-9600
https://www.linkedin.com/in/maxhodak/

SOURCE: http://www.intelligence360.io
Copyright (c) 2023 SI360 Inc. All rights reserved.


Venture Capital
5775, California, Fremont, Neuralink, Oakland, Venture Capital

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