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Synchron
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Develops brain-computer interface technology for patients
Synchron
Work Here?
Develops brain-computer interface technology for patients
About Synchron
Industries
Biotechnology
Healthcare
Company Size
51-200
Company Stage
Series C
Total Funding
$134.3M
Headquarters
New York City, New York
Founded
2016
Overview
Synchron develops brain-computer interface (BCI) technology that enables individuals, especially those with severe paralysis, to control digital devices using their thoughts. Their main product involves a minimally invasive endovascular procedure for implanting the BCI, which is similar to placing stents and avoids the need for open brain surgery. This approach makes the technology safer and more accessible for patients with neurological conditions that limit their ability to communicate or move. Unlike competitors, Synchron focuses on providing a solution that enhances patient autonomy and social connection through advanced BCI technology. The company's goal is to empower patients by improving their quality of life and transforming the way they interact with the world.
Simplify's Take
What believers are saying
- Collaboration with Apple could accelerate BCI technology development and market reach.
- Chiral(TM) positions Synchron as a leader in AI-integrated BCI technology.
- NVIDIA's AI integration improves brain signal processing accuracy and efficiency.
What critics are saying
- Competition from Neuralink could impact Synchron's market position and media attention.
- Ethical concerns about brain implants may hinder technology adoption and acceptance.
- Dependence on tech partnerships poses risks if collaborations don't meet expectations.
What makes Synchron unique
- Synchron's BCI technology uses a minimally invasive endovascular procedure, unlike open brain surgery.
- The company integrates AI with BCI, enhancing product functionality and appeal.
- Synchron's stent-like implant has FDA clearance for human trials, indicating regulatory progress.
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Funding
Total Funding
$134.3M
Above
Industry Average
Funded Over
5 Rounds
Industry standards
Benefits
Hybrid Work Options
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 1%2 year growth
↑ 13%Apple is working with neurotechnology company Synchron to develop devices including iPhones that could be controlled using brain implants and users' thoughts.
Apple CEO, Tim Cook, unveils the latest generation of iPhones.Getty Images. Apple is boldly embracing brain-computer interface (BCI) technology to enable users to control its devices using only their thoughts—a novel frontier for the company.Earlier this week, it was announced that the tech giant is working with Synchron, a company that has been pioneering BCI research and work for more than a decade. The company was founded by Dr. Tom Oxley, a neurointerventionalist and technologist. Synchron has developed a stent-like implant that can be inserted using a (relatively) minimally invasive procedure on an individual’s motor cortex. The stent was reportedly granted FDA clearance for human trials in 2021, and works to detect brain signals and translate them into software-enabled relays; in the case of an Apple device, the relays can select icons on a iPhone or iPad
Apple working with Synchron on a brain-computer interface.
The company is collaborating with Synchron, a neurotechnology firm, to develop a brain-computer interface (BCI) that allows individuals to operate Apple devices without physical movement.
Synchron, a brain-computer interface company that recently showcased its technology at NVIDIA's GTC conference, claims its interface can help people with paralysis and other severe physical disabilities to control hands-free technology and better interact with the world.
Synchron is Hiring for 1 Jobs on Simplify!
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About Synchron
Industries
Biotechnology
Healthcare
Company Size
51-200
Company Stage
Series C
Total Funding
$134.3M
Headquarters
New York City, New York
Founded
2016
Synchron is Hiring for 1 Jobs on Simplify!
Find jobs on Simplify and start your career today