Elon Musk's brain-computer interface company raised $27 million—and is looking for plenty more

Imagine Venmoing someone just by thinking it.
 By 
Jason Abbruzzese
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Elon Musk's brain-computer interface company raised $27 million—and is looking for plenty more
Elon Musk Credit: MACMAHON/EPA/REX/Shutterstock

This is your brain on Elon Musk.

In March, the future-oriented entrepreneur announced a new company called Neuralink, which hopes to create a brain-to-computer interface for humans. Now, just months later, that effort has raised $27 million, and it's looking for plenty more.

Neuralink, which is developing a "neural lace" technology that just about eliminates the gap between your brain and your computer, revealed in an SEC filing that it raised the money.

It's just part of a larger funding effort for the company as it seeks to raise $100 million.

The Wall Street Journal's Rolfe Winkler first spotted the filing:

Musk's idea for Neuralink is not entirely formed, as the technology could be used for anything from facilitating near real-time communications between people to providing people with a boost to their existing brain power.

Musk's companies tend to be very forward looking, planning for decades, and maybe even longer, in the future. Tesla, his most successful company (though PayPal is arguably up there), continues to burn through cash as it ramps up production.

Neuralink is also not the only company that hopes to forge a stronger connection between humans and technology. Facebook revealed that it is also working on interfaces that allow humans to closely interact with computers, including a bizarre device that allows people to hear through their skin.

Neuralink remains mostly shrouded in secrecy. Its website states that it is "developing ultra high bandwidth brain-machine interfaces to connect humans and computers." Aside from that, the website has a series of job listings, including for a mechatronics engineer.

Musk, however, pushed back against the idea that Neuralink was in the midst of raising funding.

Topics Elon Musk

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Jason Abbruzzese

Jason Abbruzzese is a Business Reporter at Mashable. He covers the media and telecom industries with a particular focus on how the Internet is changing these markets and impacting consumers. Prior to working at Mashable, Jason served as Markets Reporter and Web Producer at the Financial Times. Jason holds a B.S. in Journalism from Boston University and an M.A. in International Affairs from Australian National University.

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