Neuralink, the company launched by Elon Musk, received $280 million in Series D funding from Peter Thiel's Founders Fund. Neuralink, which develops brain implants, announced the investment it received from its X account. The company did not make a statement on how it would use the investment. The investment company Founders Fund has previously invested in Musk's SpaceX and The Boring Company projects.
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Neuralink Develops Special Technology for Paralysed Patients
Founders Fund partner Scott Nolan made a statement on their investment in Neuralink. Nolan stated that as a company, they are very happy to support Neuralink to help paralysed patients. The company, founded by Elon Musk in 2016, develops special technology for people with neurological disorders. Thanks to this technology, neurological patients will be able to communicate with those around them with various devices.
Thanks to the technology that connects the human brain to the computer interface, the life of paralysed patients will become much easier. It was stated that with the technology to be developed by Neuralink, the paralysed person can only imagine hand movements and use his phone very easily. The technology developed by the company is currently being tested on animals. In fact, last May, the company received FDA approval for human clinical trials. However, it has not yet passed to human trials.
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