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Funding round

Neuralink Series E

Neuralink, which works in brain-computer interface technology development in Fremont, raised $650M in a Series E round announced on 2 Jun 2025, led by DFJ Growth, at a $9.60B post-money valuation. 12 firms took part. It is Neuralink's fifth venture round on record; the one before was a Series D in Aug 2023.

$650M

Amount raised

$9.60B

Post-money valuation

$9.00B pre-money

12

Investors

1 lead

6.8%

Stake sold

new money over the post-money

Valuation

What this round says about the price

This round priced Neuralink at $9.60B after the new money. The $650M bought investors about 6.8% of the company. It came 22 months after Neuralink's Series D. It is 50% of the $1.29B Neuralink has raised in the venture rounds on record. No later venture round is on record for Neuralink.

Neuralink's funding rounds

Neuralink has 5 venture rounds on record. This one is highlighted.

  1. Series A 1 Aug 2017 $107M
  2. Series B 15 Apr 2019 $51M
  3. Series C 29 Jul 2021, led by Vy Capital $205M
  4. Series D 7 Aug 2023, led by Founders Fund $280M
  5. Series E this round 2 Jun 2025, led by DFJ Growth $650M$9.60B post-money

Investors

Who put money in

DFJ Growth led the round with 11 other firms.

Lead investor

  • DFJ Growth backs 51 venture-backed companies new investor

Also in the round

  • ARK Invest backs 29 venture-backed companies new investor
  • Founders Fund backs 368 venture-backed companies new investor
  • G42 new investor
  • backs 55 venture-backed companies new investor
  • Lightspeed Venture Partners backs 454 venture-backed companies new investor
  • Qatar Investment Authority backs 71 venture-backed companies new investor
  • Sequoia Capital backs 589 venture-backed companies new investor
  • Thrive Capital backs 130 venture-backed companies new investor
  • Valor backs 143 venture-backed companies new investor
  • backs 22 venture-backed companies new investor
  • backs 14 venture-backed companies new investor

Use of proceeds

What the money is for

According to the announcement, the money goes to hiring, product development, scaling operations and working capital.

  • Hiring
  • Product development
  • Scaling operations
  • Working capital

Comparable rounds

How it compares

10 Series E rounds in Medical Supply Manufacturers within a year either side disclosed an amount; the median was $73M, and this round was 8.8 times the median. The closest in time, other companies' Series E rounds in Medical Supply Manufacturers:

Series E rounds in Medical Supply Manufacturers, Jun 2024 to Jun 2026: 10 rounds with an amount, log scale.
Comparable rounds
CompanyAnnouncedAmountPost-moneyLed by
Oura Medical Supply Manufacturers22 Sep 2025$875M$11.00Bnot named
Medical Supply Manufacturers26 Mar 2025$120Mnot disclosedNovo Holdings and Qatar Investment Authority
Medical Supply Manufacturers20 Mar 2025$53Mnot disclosedAlly Bridge Group
Medical Supply Manufacturers1 Feb 2025$69Mnot disclosedSocial Security Fund Zhongguancun Independent Innovation Fund
Medical Supply Manufacturers20 Dec 2024$28M$390Mnot named
Medical Supply Manufacturers8 Nov 2024$78Mnot disclosedQingdao Baheal Medical Inc.
Medical Supply Manufacturers18 Nov 2024$60Mnot disclosedNovo Holdings and Glenview Capital
Medical Supply Manufacturers12 Mar 2026$28Mnot disclosedInnovaHealth Partners and Birchview Capital, LP

Sources

Where this comes from

Reported by 8 sources.

Questions

Frequently asked

How much did Neuralink raise in its Series E round?

Neuralink raised $650M in its Series E round, announced in Jun 2025.

Who led Neuralink's Series E round?

DFJ Growth led it, with ARK Invest, Founders Fund, G42, Human Capital and Lightspeed Venture Partners and 6 more.

What was Neuralink's valuation at the Series E round?

$9.60B post-money ($9.00B pre-money).

How does it compare with other Series E rounds in Medical Supply Manufacturers?

10 Series E rounds in Medical Supply Manufacturers within a year either side disclosed an amount; the median was $73M, and this round was 8.8 times the median.