Tech Company Financing Transactions

Precision Neuroscience Funding Round

On 1/25/2023, Precision Neuroscience received $41 million in Series B funding from Forepont Capital Partners, Alumni Ventures and B Capital Group.

Transaction Overview

Announced On
1/25/2023
Transaction Type
Venture Equity
Amount
$41,000,000
Round
Series B
Proceeds Purpose
The company intends to use the funds for recruitment of talent, and further product development, paving the road to FDA regulatory review, expected in the coming months.

Company Information

Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
54 West 21st St 310
New York, NY 10010
USA
Phone
Undisclosed
Email Address
Overview
We are bringing life-changing brain technology to millions of people. Operating a computer using only your thoughts. It sounds like science fiction, but, in fact, scientists conducted the first successful experiments in brain--computer interface (BCI) technology in the early 2000s. Paralyzed people have used this technology to control robotic arms, play video games, and send messages with their minds alone. But it has yet to move beyond small-scale research settings and into mainstream medical practice. Precision is taking BCIs into the next era -- creating powerful implants that will revolutionize treatment for neurologic disease.
Profile
Precision Neuroscience LinkedIn Company Profile
Social Media
Precision Neuroscience Company Twitter Account
Company News
Precision Neuroscience News
Facebook
Precision Neuroscience on Facebook
YouTube
Precision Neuroscience on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Michael Mager
  Michael Mager LinkedIn Profile  Michael Mager Twitter Account  Michael Mager News  Michael Mager on Facebook
Co-Founder
Benjamin Rapoport
  Benjamin Rapoport LinkedIn Profile  Benjamin Rapoport Twitter Account  Benjamin Rapoport News  Benjamin Rapoport on Facebook


 

 

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