Elon Musk’s brain chip startup, Neuralink raises $650 million in Series E round

Elon Musk’s brain-computer interface company Neuralink announced Monday it has raised $650 million in its latest funding round, as the startup accelerates clinical trials of its brain implant technology across multiple countries.

The Series E round attracted major investors including ARK Invest, Founders Fund, Sequoia Capital, Thrive Capital, and several others, valuing the company at approximately $9 billion pre-money according to recent reports. The funding represents a significant increase from Neuralink’s $280 million Series D round in August 2023.