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New Deal


Announced

Completed

Vy Capital led a $205m Series C round in Neuralink.

Financials

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Transaction Value£147m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

United States

neuroscience

Private Equity

Friendly

Cross Border

biotechnology company

Acquisition

Venture Capital

Medical Equipment

Completed

Minority

medical devices

Synopsis

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Vy Capital, a venture capital fimr, led a $205m Series C funding round in Neuralink, a developer of the brain-machine interface that provides solutions for those with paralysis. Additional investors include Google Ventures, DFJ Growth, Valor Equity Partners, Craft Ventures, Founders Fund, Gigafund, Robert Nelson, Blake Byers, Sam Altman, Fred Ehrsam and Ken Howery. Neuralink aims to implant wireless brain-computer chips to help cure neurological conditions including Alzheimer's, dementia and spinal cord injuries and fuse humankind with artificial intelligence.

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