Tech Company Financing Transactions

Blackrock Neurotech Funding Round

Blackrock Neurotech, based in Salt Lake City, secured $200 million from Tether.

Transaction Overview

Announced On
4/30/2024
Transaction Type
Venture Equity
Amount
$200,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds for the commercialization and roll-out of its medical solutions that have already been applied to more than 40 individuals, and to further boost its R&D efforts.

Company Information

Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
630 Komas Dr. 200
Salt Lake City, UT 84108
USA
Email Address
Not Recorded
Overview
Blackrock Neurotech is dedicated to efforts in clinical translation and brain-computer interface (BCI) technology. Blackrock, founded in 2008, is a lading platform company for BCI technology for teams developing implantable solutions to improve human lives.
Profile
Blackrock Neurotech LinkedIn Company Profile
Social Media
Blackrock Neurotech Company Twitter Account
Company News
Blackrock Neurotech News
Facebook
Blackrock Neurotech on Facebook
YouTube
Blackrock Neurotech on YouTube

Management Team

Title
Name
Email & Social
Chairman
Florian Solzbacher
  Florian Solzbacher LinkedIn Profile  Florian Solzbacher Twitter Account  Florian Solzbacher News  Florian Solzbacher on Facebook
Chief Executive Officer
Marcus Gerhardt
  Marcus Gerhardt LinkedIn Profile  Marcus Gerhardt Twitter Account  Marcus Gerhardt News  Marcus Gerhardt on Facebook
Chief Scientific Officer
Douglas Grindstaff
  Douglas Grindstaff LinkedIn Profile  Douglas Grindstaff Twitter Account  Douglas Grindstaff News  Douglas Grindstaff on Facebook


 

 

Browse more venture capital transactions:

Prev: 4/30/2024: Apptega venture capital transaction
Next: 4/30/2024: Urban Jungle venture capital transaction

 

Share this article

 


About Our VC Transactions Data

We do our best to report on tech company VC transactions. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary