{"id":152983,"date":"2022-12-16T13:32:05","date_gmt":"2022-12-16T19:32:05","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2022\/12\/gates-and-bezos-back-neuralink-competitor-synchron-in-a-new-funding"},"modified":"2022-12-16T13:32:05","modified_gmt":"2022-12-16T19:32:05","slug":"gates-and-bezos-back-neuralink-competitor-synchron-in-a-new-funding","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2022\/12\/gates-and-bezos-back-neuralink-competitor-synchron-in-a-new-funding","title":{"rendered":"Gates and Bezos back Neuralink-competitor Synchron in a new funding"},"content":{"rendered":"<p style=\"padding-right: 20px\"><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/gates-and-bezos-back-neuralink-competitor-synchron-in-a-new-funding3.jpg\"><\/a><\/p>\n<p>Many investors are jumping to inject money into the startup.<\/p>\n<p>Bill Gates and Jeff Bezos-backed foundations (Gates Frontier and Bezos Expeditions) have joined other companies in investing $75 million in Synchron, the endovascular brain-computer interface (BCI) company, according to a press release by the organization published on Thursday. This is a Series C financing round led by ARCH Venture Partners that brings the total amount raised since inception to $145 million.<\/p>\n<p>Many investors on board.<\/p>\n<p>Additional companies investing are Reliance Digital Health Limited, Greenoaks, Alumni Ventures, Moore Strategic Ventures, and Project X join ARCH as new additional investors.<\/p>\n<hr>\n<p>Synchron through Business Wire.<\/p>\n<p>The funding will serve to support and promote the development of Synchron\u2019s first platform product (Synchron Switch BCI), as well as the beginning of a pivotal clinical trial.<\/p>\n<div class=\"more-link-wrapper\"> <a class=\"more-link\" href=\"https:\/\/lifeboat.com\/blog\/2022\/12\/gates-and-bezos-back-neuralink-competitor-synchron-in-a-new-funding\">Continue reading \u201cGates and Bezos back Neuralink-competitor Synchron in a new funding\u201d | &gt;<\/a><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Many investors are jumping to inject money into the startup. Bill Gates and Jeff Bezos-backed foundations (Gates Frontier and Bezos Expeditions) have joined other companies in investing $75 million in Synchron, the endovascular brain-computer interface (BCI) company, according to a press release by the organization published on Thursday. This is a Series C financing round [\u2026]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,43,1523,1495,47],"tags":[],"class_list":["post-152983","post","type-post","status-publish","format-standard","hentry","category-biotech-medical","category-business","category-computing","category-health","category-neuroscience"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/152983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=152983"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/152983\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=152983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=152983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=152983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}