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Ex-Neuralink executive raises $41 Million for new brain startup

By Sarah McBride

25 Jan 2023 · 3 min read

Editor's Note

Despite the general downturn when it comes to tech, it appears investors are still particularly interested in brain technology. Bloomberg reports on the work of Precision Neuroscience.

A new brain science company co-created by a founding team member of Elon Musk’s Neuralink is raising millions of dollars to implant small electronic devices inside human skulls.

Precision Neuroscience Corp. plans to announce on Wednesday that it raised $41 million dollars to develop brain implants targeting intractable diseases like epilepsy. That’s on top of $12 million the New York-based company has already amassed — a signal that investors are still excited about brain technology startups despite the larger tech downturn.

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