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

Elon Musk’s mind implant startup, Neuralink, has raised $600 million in a funding spherical that values the corporate at $9 billion pre-money, Semafor reported, citing nameless sources.

Semafor didn’t point out the buyers concerned within the spherical. Neuralink final raised $43 million in enterprise capital, in November 2023, and was valued at about $5 billion in June 2023, Reuters reported on the time.

Neuralink didn’t instantly return requests for remark exterior common enterprise hours.

Semafor’s report corroborates earlier reporting from Bloomberg, which famous in April that the startup was seeking to increase $500 million at a $8.5 billion pre-money valuation.

Neuralink final 12 months received the “breakthrough device” clearance from the U.S. FDA. Three individuals have to this point acquired implants made by Neuralink. Earlier this month, a nonverbal affected person posted a video about how he makes use of a Neuralink implant to edit and narrate YouTube movies with simply his mind alerts.