Blackrock Neurotech Closes $10M Financing Round To Advance Development Of Its World-Leading Brain-Computer Interface (BCI) Technology

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Summary

SALT LAKE CITY, May 19, 2021 /PRNewswire/ -- Blackrock Neurotech, the worlds leading platform for brain-computer interface (BCI) technology and manufacturing, has closed a $10 million financing round, led by Christian Angermayers re.Mind Capital with participation from Peter Thiel, German entrepreneur Tim Sievers, and Sorenson Impacts University Venture Fund II. Professor Florian Solzbacher, co-founder and Chairman of Blackrock Neurotech, added: "We have achieved all this by running a revenue focused business servicing our customers in the research community and supported by Friends & Family – but in essence we were bootstrapped. Our goal is to provide every person in need access to our technology by partnering with leading medical device companies and universities who are building applications on our unique platform." "The first Blackrock device was implanted more than fifteen years ago, making their technology the go-to platform for the worlds leading teams who are actively building BCI applications." Blackrock, founded in 2008, is the worlds leading platform company for BCI technology for teams developing implantable solutions to improve human lives.

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Amount $10.0M Total raised
Date May 19, 2021 Announcement date
Investors Apeiron Investment Group Lead investors
Company https://blackrockneurotech.com/ Funded company

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