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Neuralink, Elon Musk’s embedded brain chip startup, raised $205 million in Series C funding led by Vy Capital.

Why it's the BFD: Musk can be maddening, and a violator of securities laws, but his companies tend to achieve their moonshot ambitions.

Other investors include GV, Valor Equity Partners, Craft Ventures and Founders Fund.

Bottom line: "Neuralink aims to implant wireless brain computer chips to help cure neurological conditions including Alzheimer's, dementia and spinal cord injuries and fuse humankind with artificial intelligence." — Reuters

Elon Musk's brain chip startup raises $205 million

Neuralink's Series C funding is led by Vy Capital.

Illustration of Elon Musk with cars coming out of his eyes.

Elon Musk

Neuralink, Elon Musk’s embedded brain chip startup, raised $205 million in Series C funding led by Vy Capital.Why it&#x27;s the BFD: Musk can be maddening, and a violator of securities laws, but his companies tend to achieve their moonshot ambitions.

After a record economic expansion, the coronavirus pandemic sent the U.S. economy into a recession as unemployment soared to staggering heights. The country now faces urgent questions about how much stimulus is needed for reeling consumers and businesses, and what a recovery might look like.

Elon Musk's brain chip startup raises $205 million

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