Deals
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
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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.