Elon Musk’s biotechnology startup Neuralink raised $280 million in a fundraising round, the company announced Monday via X, the Musk-owned social media platform formerly known as Twitter
. The Series D round was led by Founders Fund, a San Francisco-based VC firm established by Peter Thiel, the controversial billionaire who was also a cofounder at PayPal. “We’re extremely excited about this next chapter at Neuralink,” the company wrote. The brain chip startup wants to use implants to connect your brain to a computer, a goal Musk has been working on for five years.
The funding news comes months after Musk announced the company was moving towards human trials. The billionaire said at a December recruiting event that Neuralink has submitted “most” of its paperwork to the US Food and Drug Administration and could begin testing on humans within six months. But employees have said the company is rushing to market, resulting in careless animal deaths and a federal investigation, according to a December report by Reuters.
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