2021-06-18

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Neuro Interface Developer Blackrock Neurotech received $ 10 million investment from PayPal Coordinator

2 min read

It became known that the Palantir co-founder and one of the founders of Paypal Peter Til (Peter Thiel) became a shareholder of the Blackrock Neurotech company, which is engaged in the implementation of equipment and software in the field of neurobiology, and also leads to neurointerfaces. According to reports, Til has invested $ 10 million in the company, as a result of which he became the owner of an undisclosed part of the shares.

Peter Till | Kiyoshi Ota | Bloomberg | Getty images

«This is a narrow specialized market, but we knew that we could make money on it, and we get a profit since 2015. In 2020, we approached the stage when they could not take on all the contracts offered to us. We realized that I need external capital, “said Blackrock Neurotech General Director Gerhard (Marcus Gergardt).

Recall, the American company Blackrock Neurotech was founded in 2008. For more than ten years, it is engaged in the implementation of equipment and appropriate software in the field of neurobiology. The company employs 88 employees who, among other things, are engaged in creating neurointerfaces “Brain-Computer”. We are talking about tiny brain implants, which is supposed to help people with disabilities return to normal life. According to reports, Blackrock’s implants are not only tested on rodents and primates, but 28 patients from the USA, China and Europe were also supplied.

It is worth noting that Blackrock is a direct competitor to Neuralink, which in 2016 founded Ilon Mask (Elon Musk) and Max Hodak. This year, Neuralink chip implaned the monkey, so that it managed to interact with the video game with the help of brain impulses.

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