Neuralink

Neuralink

Develops brain-computer interfaces for medical use

About Neuralink

Simplify's Rating
Why Neuralink is rated
A-
Rated A on Competitive Edge
Rated B on Growth Potential
Rated A on Differentiation

Industries

Robotics & Automation

AI & Machine Learning

Healthcare

Company Size

501-1,000

Company Stage

Series D

Total Funding

$696M

Headquarters

Fremont, California

Founded

2016

Overview

Neuralink develops brain-computer interfaces (BCIs) that enable direct communication between the brain and external devices. Its main product, the N1 Implant, is a small, fully implantable device that allows users to control computers or mobile devices. This technology aims to help individuals with mobility issues or neurological disorders regain autonomy. The N1 Implant operates using a wirelessly charged battery and custom electronics that process neural signals, which are then sent to the Neuralink Application to translate brain activity into commands. A surgical robot designed by Neuralink performs the implantation with precision, using ultra-thin threads to minimize brain damage. Unlike competitors, Neuralink focuses on both medical applications and cognitive enhancement for a broader market. The company's goal is to improve the quality of life for those with medical needs while exploring the potential of human-computer interaction.

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Simplify's Take

What believers are saying

  • FDA approval for human trials accelerates Neuralink's path to market.
  • $500 million funding round indicates strong investor confidence in Neuralink.
  • Global patient registry expansion allows for diverse participant pool and robust data.

What critics are saying

  • Increased competition from companies like Paradromics may impact Neuralink's market share.
  • Ethical concerns about human enhancement could lead to public backlash.
  • High development costs may limit accessibility and adoption of Neuralink's technology.

What makes Neuralink unique

  • Neuralink's N1 Implant is fully implantable and cosmetically invisible.
  • The R1 Robot ensures precise and minimally invasive implantation of the N1 Implant.
  • Neuralink's wireless technology offers a unique advantage over semi-invasive systems.

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Funding

Total Funding

$696M

Above

Industry Average

Funded Over

5 Rounds

Notable Investors:
Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Above Average

Industry standards

$77M
$70M
Twilio
$80M
Handshake
$100M
Affirm
$323M
Neuralink

Benefits

An opportunity to change the world and work with some of the smartest and the most talented experts from different fields.

Growth potential. We rapidly advance team members who have an outsized impact.

Excellent medical, dental, and vision insurance through a PPO plan; parental leave.

Flexible time off + paid holidays.

Equity + 401(k) plan.

Commuter Benefits.

Meals provided.

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

1%

2 year growth

2%
Ground News
Apr 23rd, 2025
Neuralink plans $500M raise, $8.5B valuation

Elon Musk's Neuralink is reportedly planning to raise $500 million at a pre-money valuation of $8.5 billion, according to Bloomberg News.

Crunchbase
Apr 18th, 2025
The Week's Biggest Funding Rounds: Safe Superintelligence's $2B Raise Leads The Way

Science, $104M, biotech: A Neuralink competitor raised big this week with a $104 million round led by Khosla Ventures.

Coinomist
Apr 3rd, 2025
Neuralink Launches Human Trials for Brain Implants

Neuralink launches human trials for brain implants.

Crypto Tale
Apr 3rd, 2025
Neuralink Expands Global Search for Patients to Test Brain Chip

Neuralink is developing a fully implantable and wireless BCI that allows users to control computers and other devices using only their thoughts.

Decrypt
Apr 3rd, 2025
Elon Musk’S Neuralink Opens Its Doors For Brain Implant Human Trials

Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENENeuralink, the brain-computer interface company founded by Elon Musk, has opened its patient registry to applicants worldwide, bringing its mind-controlled technology to more people with severe disabilities.In a post on X (formerly Twitter) on Wednesday, Neuralink said the applications were open to those with quadriplegia, regardless of location.“If you have quadriplegia and are interested in exploring groundbreaking ways to control a computer using your thoughts, you can now sign up from anywhere in the world,” Neuralink wrote on X.going global! 🌏please refer patients with paralysis (who may benefit fromBCI technology) to be considered for inclusion in our clinicaltrials @neuralink https://t.co/BkZd9W9CdL — Dr. Jordan Amadio (@AmadioMD) April 2, 2025The U.S. Food and Drug Administration allowed the neuroscience company to perform human testing in September 2023, but thus far, only three people have been approved by Neuralink for a brain-computer implant.According to the questionnaire on the Neuralink website candidates must be at least 18 years old and have one of the following conditions: quadriplegia (paralysis affecting all four limbs), paraplegia (paralysis of the lower body), visual impairment or blindness (partial or total vision loss), or a speech impairment that affects the ability to speak or be understood.Candidates are also asked whether they have known allergies to metal or contrast dye, whether they are fluent in English, whether they have medical insurance, and what their biological sex is.In its brochure, Neuralink said it won’t accept individuals who already have implanted devices such as a pacemaker or deep brain stimulator, have a history of seizures, require MRIs for an ongoing medical condition, or receive transcranial magnetic stimulation treatment.Test subjects would be compensated for study-related costs like travel expenses.Launched by Musk in 2016, Neuralink was founded to develop brain-computer interface technology to address neurological disorders and, in the long term, to create a direct interface between humans and artificial intelligence.During Tesla's March all-hands meeting, Musk hinted at a future in which the line between human and machine may blur even further.“Long term, we will also have enhancement of humans—optionally, if somebody wants to have cybernetic enhancements with Neuralink. If you want to go cybernetic and have superintelligence and see in different wavelengths, we could absolutely provide superhuman abilities via Neuralink in the future,” Musk, who is CEO of the company, said. “One thing is for sure: the future is going to be very interesting.”.@elonmusk: “Long term we will also have enhancement of humans … If somebody wants to have cybernetic enhancements … we could absolutely provide superhuman abilities via Neuralink in the future.” pic.twitter.com/A42LHCGrOS — Chief Nerd (@TheChiefNerd) March 21, 2025In May 2024, Musk announced on X that Neuralink was seeking a second participant for its brain-computer interface human trials

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