Precision Neuroscience today announced a brain-computer interface (BCI) clinical research project with Beth Israel Deaconess Medical Center (BIDMC). BIDMC, a leading teaching hospital in Boston, is also affiliated with Harvard Medical School. Together, they aim to record and analyze brain activity at high resolution in patients undergoing craniotomy procedures. This could advance the scientific understanding […]
Precision Neuroscience
The largest medtech funding rounds of 2024
Over the past 12 months, a number of medtech companies at various stages hauled in significant funding rounds to support their innovations. Technologies that were supported by hundreds of millions of dollars in 2024 included pulsed-field ablation, brain-computer interfaces (BCIs), AI-enabled surgical software and more. In all, the amount of medtech companies receiving more than […]
Precision Neuroscience raises $102M to support BCI
Brain-computer interface (BCI) maker Precision Neuroscience announced today that it closed a Series C funding round worth $102 million. General Equity Holdings led the financing round, which brings the company to $155 million in total capital raised. B Capital, Duquesne Family Office, the investment firm of Stanley F. Druckenmiller and Steadview Capital participated. The company […]
BCI developer Precision Neuroscience raises $93M in Series C round
Precision Neuroscience recently closed a $93 million funding round, the brain–computer interface (BCI) developer said in a recent financial disclosure. New York City–based Precision Neuroscience said in the Securities and Exchange Commission filing that it hoped to raise up to $150 million in this latest round, and that 21 unidentified investors took part. The equity […]
Analysts see $400B BCI opportunity
Morgan Stanley analysts are betting big on brain-computer interface (BCI) technology as the hype continues to grow around the space. Kallum Titchmarsh, Adam Jonas, Patrick A. Wood, Drew Ranieri, Jakob Dodd, Roberto Valdes Sanchez Navarro and Justin X. Wang of Morgan Stanley recently released a report questioning if BCIs are “The Next Big MedTech Opportunity?” […]
Precision Neuroscience has more positive BCI data
Precision Neuroscience today announced the presentation of results from a pilot study of its brain-computer interface (BCI) technology. Researchers from the lab of Dr. Iahn Cajigas presented results at the Society for Neuroscience (SfN) Neuroscience 2024 conference in Chicago. Cajigas serves as a neurosurgeon at Penn Medicine and an assistant professor of neurosurgery and bioengineering […]
Another 5 brain-computer interface companies you should know
Over the past several months, there have been a number of significant developments in the brain-computer interface (BCI) space. The likes of Neuralink, Synchron and Precision Neuroscience, among others, continue to advance their platforms. Some even began clinical trials, while many more companies are vying to be the first to bring a BCI to market. […]
Precision Neuroscience expands leadership team
Precision Neuroscience announced today that it expanded its executive team with the additions of Jayme Strauss and Mike Kaswan. Strauss joins as chief clinical and commercial officer, while Kaswan takes over the chief financial officer role. Both hires bring decades of experience to the brain-computer interface (BCI) technology developer. Precision Neuroscience develops the Layer 7 […]
Precision Neuroscience places world record amount of electrodes on human brain in BCI study
Precision Neuroscience announced today that, along with a team at Mount Sinai, it holds the world record for the number of electrodes placed on and recording cortical data from a human brain. The company and the neurosurgery team achieved the record — 4,096 electrodes — in New York last month. It came as part of […]
Precision Neuroscience picks Verily co-founder as new CTO
Brain-computer interface (BCI) maker Precision Neuroscience announced today that it named Brian Otis as its new chief technology officer (CTO). Precision Neuroscience designs the Layer 7 Cortical Interface, which features 1,024 tiny electrodes spanning an area of one square centimeter. The company embedded the electrodes in a flexible film that conforms to the brain surface. […]
Precision Neuroscience launches new BCI study sites
Precision Neuroscience announced that it launched new clinical study sites at Mount Sinai Health System and the University of Pennsylvania. The company says the studies represent “a major step forward” as it aims to understand how the brain controls movement. It hopes to utilize the sites to advance its brain-computer interface (BCI) technology for people […]
