Neuralink, a company created from Elon Musk which develops technology for an interface between the brain and computers, raised $205 million from Google Ventures investors Peter Thiel’s Founders Fund and OpenAI CEO Sam Altman. The investment was led by Vy Capital, based in Dubai.
Founded in 2016, Neuralink has reported significant results in the research and development of equipment for connecting the brain and machines. For now, the company has been developing and testing implants in chimpanzees and pigs, for example.
The company is working to test the devices on humans, especially people with severe paralysis or quadriplegics, who have difficulty interacting with most current technological devices. In all, Neuralink has raised $363 million.
In August 2020, Neuralink introduced the public to advances in a prototype, downsizing implant technology, which could be installed more quickly, without the need for hospitalization or anesthesia.
During the presentation, Musk introduced pigs to attest to the technology’s safety. One had more than one implant, another had implants removed and was presented to show the reversibility of the application, which can be removed or updated later. One of the project’s engineers explained that pigs were chosen because they have a similar thickness to the human skull and a similar cerebral membrane type.
The company’s first product, called N1 Link, will transmit data wirelessly, Musk said. “The funds from this round will be used to bring products to market and accelerate research and development of future products.