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Neurotechnology Startup Phantom Neuro Secures $3.26M Seed Round From Lionbird Ventures, Draper Associates & Breakout Ventures To Advance Machine Control Technology

PRIVATEMar 25, 2022

Amount Raised

$3.26 Million

Round Type

Seed

AustinBiotechnologySoftware

Description

Phantom Neuro, a burgeoning neurotechnology startup that delivers a low power, high accuracy system for lifelike control of robotic orthopedic technologies, today announced a $3.26 million funding round from leading international and U.S.-based investors. LionBird Ventures, which is headquartered in Tel Aviv and a leader in identifying winning pre-scale digital health companies, led the round with participation from Draper Associates, Breakout Ventures, Blackrock Neurotech and Capital Factory, along with private investors. With the funding, LionBird Ventures' Partner Robert Lord will join the Phantom Neuro board and Managing Partner Ed Michael will join as a board observer.

Quick answer

Phantom Neuro raised $3.26 Million in a Seed round, dated March 25, 2022. Phantom Neuro is based in Austin, Texas, United States.

How much did Phantom Neuro raise?
Phantom Neuro raised $3.26 Million in a Seed round on March 25, 2022.
What does Phantom Neuro do?
Phantom Neuro is creating the first minimally invasive peripheral neural interface, the Phantom X. Our technology allows complex electronic systems, like prosthetic limbs, to operate like natural extensions of the human..
Where is Phantom Neuro based and how big is it?
Phantom Neuro is based in Austin, Texas, United States. Fundz records about 12 employees.
Who are the decision-makers at Phantom Neuro?
Fundz holds 1 contact at Phantom Neuro. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology and Software around the same time

Companies in the same sectors as Phantom Neuro that raised within 45 days of this round, from Fundz verified event records.

  • CytoTronics raised $9.3M (Seed) on April 28, 2022.
  • Carlsmed raised $64M on April 27, 2022.
  • IMPLICITY raised $23M (Funding Round) on April 27, 2022.
  • Biofourmis raised an undisclosed amount on April 26, 2022.
  • Crusoe raised $505M (Funding Round) on April 21, 2022.
  • Codexis raised an undisclosed amount (Corporate Round) on April 21, 2022.

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Company Information

Company

Phantom Neuro

Location

Austin, Texas, United States

About

Phantom Neuro is creating the first minimally invasive peripheral neural interface, the Phantom X. Our technology allows complex electronic systems, like prosthetic limbs, to operate like natural extensions of the human body. We are a group of forward thinking individuals on a mission to help people with function-limiting injuries.

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Phantom Neuro raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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