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Synchron raised $200 million in Series D funding to support a pivotal trial for its brain-computer interface, aiming for FDA approval. This financing is crucial for launching its first-generation device.

PRIVATEJun 07, 20262 months ago

Amount Raised

$200 Million

Round Type

Series D

New YorkBiotechnologyHealth Care

Description

Synchron, the brain-computer interface company, raised $200 million in Series D financing aimed at funding a pivotal clinical trial in 2026. This trial is essential for obtaining FDA approval for its Stentrode implant. The company's goal is to commercialize its device to assist those living with severe paralysis. Success in this trial would position Synchron as the first company to file for permanent BCI approval.

Company Information

Company

Synchron

Location

New York, United States

About

Synchron is a clinical-stage endovascular brain computer interface (BCI) company. Since 2012, the company has been developing a BCI platform that avoids the need for open brain surgery by using a minimally-invasive procedure. The Synchron Switch™ BCI received FDA Breakthrough Device Designation in 2020, and is currently in human clinical trials in the US and Australia. Synchron has been published in multiple peer-reviewed journals including Nature Biotechnology, Nature Biomedical Engineering and JNIS. Synchron is based in Brooklyn, New York with R&D facilities in Melbourne, Australia. For more information, visit www.synchron.com. Follow us on Twitter @synchroninc.

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