Elon Musk’s brain-computer interface company, Neuralink, has successfully raised $600 million in a recent funding round, pushing the company’s valuation to a staggering $9 billion pre-money, according to a report by Semafor.
The identity of the investors has not been disclosed, and Neuralink has yet to comment publicly on the development.
This marks a significant leap from the company’s previous funding milestones. Neuralink last raised $43 million in venture capital in November 2023 and was valued at approximately $5 billion as of June that year, according to Reuters.
The new valuation reflects growing investor confidence in the company's technological progress and long-term potential.
Technology Attracts Major Capital
Neuralink’s progress in developing brain implants has accelerated in recent months. The company received the U.S. Food and Drug Administration’s “breakthrough device” designation in 2023, a critical step that allows for faster regulatory review. So far, three individuals have received Neuralink’s brain implants.
Earlier this month, a notable milestone was shared with the public: a nonverbal patient posted a video demonstrating how he uses a Neuralink implant to edit and narrate YouTube videos using only his brain signals.
The video highlights the company’s promise in enabling new forms of communication and interaction for individuals with severe physical limitations.
Previous reports from Bloomberg in April had already hinted that Neuralink was seeking to raise $500 million at a pre-money valuation of $8.5 billion.
The final figures now confirm both a higher fundraising amount and an increased valuation, indicating heightened interest and optimism from the investor community.
As Neuralink continues its journey toward merging human cognition with advanced AI interfaces, the influx of capital is expected to accelerate research, development, and broader clinical trials.
