Tesla Boss Neurological Start-Up Raises Millions

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The American start-up Neuralink, created by Tesla boss Elon Musk, has raised more than 200 million dollars. Google Ventures, the investment arm of parent company Alphabet, is investing in the company. Neuralink is developing wireless computer chips that can be implanted in the brain.

 

Neuralink wants to use the money to bring the first product to the market. The money is also used for research and development. Valor Equity Partners, Craft Ventures and Founders Fund have already invested in Musk’s space company SpaceX and put money into Neuralink in this investment round. It was led by investment company Vy Capital from Dubai and Google Ventures.

Neuralink wants to connect subjects to computers by implanting electrodes in their brains. The company has already built a computer for that purpose. The implants allow people to control computers with their thoughts, the company says. The wireless implants are supposed to help heal neurological disorders such as Alzheimer’s and other forms of dementia and damage the spine. Musk co-founded Neuralink in 2016.

In April, Neuralink posted a video online of a monkey who had been given chips in his brain and played a video game. Neuralink has already placed electrodes on rats and pigs, which allow their brain activity to be measured. In June, Musk tweeted that Neuralink’s first product would allow someone who is paralyzed to operate a smartphone with their brain faster than someone with their thumbs.

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