Skip to content
Subscriber Only

Billionaire Peter Thiel Backs Fundraiser of Brain-Computer Firm

  • Blackrock Neurotech to use funds for more clinical trials
  • Firm has most advanced solution connecting brain with computer

Billionaire investors Peter Thiel and Christian Angermayer have thrown their weight behind a technology startup that promises to help neurologically impaired patients regain lost skills with the aid of electrodes connecting the human brain with computers.

The Utah-based company, Blackrock Neurotech, was granted $10 million from the investors to expand its clinical studies and research capabilities, it said in a statement Wednesday. There’s no connection with BlackRock Inc., the fund manager.