HomeTechnologyElon Musk's Neuralink raises $600M at $9B valuation

Elon Musk’s Neuralink raises $600M at $9B valuation

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Elon Muskโ€™s brain implant startup, Neuralink, has raised $600 million in a funding round that values the company at $9 billion pre-money, Semafor reported, citing anonymous sources.

Semafor did not mention the investors involved in the round. Neuralink last raised $43 million in venture capital, in November 2023, and was valued at about $5 billion in June 2023, Reuters reported at the time.

Neuralink did not immediately return requests for comment outside regular business hours.

Semaforโ€™s report corroborates earlier reporting from Bloomberg, which noted in April that the startup was looking to raise $500 million at a $8.5 billion pre-money valuation.

Neuralink last year received the โ€œbreakthrough deviceโ€ clearance from the U.S. FDA. Three people have so far received implants made by Neuralink. Earlier this month, a nonverbal patient posted a video about how he uses a Neuralink implant to edit and narrate YouTube videos with just his brain signals.

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