{"id":748008,"date":"2026-09-24T22:10:23","date_gmt":"2026-09-24T19:10:23","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/precision-neuroscience-raises-250m-at-a-1bn-valuation-nyt-reports\/"},"modified":"2026-09-24T22:10:23","modified_gmt":"2026-09-24T19:10:23","slug":"precision-neuroscience-raises-250m-at-a-1bn-valuation-nyt-reports","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/precision-neuroscience-raises-250m-at-a-1bn-valuation-nyt-reports\/","title":{"rendered":"Precision Neuroscience raises $250m at a $1bn valuation, NYT reports"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_89 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6af959675b76c\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6af959675b76c\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/precision-neuroscience-raises-250m-at-a-1bn-valuation-nyt-reports\/#Ackmans_first_bet\" >Ackman\u2019s first bet<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/precision-neuroscience-raises-250m-at-a-1bn-valuation-nyt-reports\/#A_thin_film_not_a_probe\" >A thin film, not a probe<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/precision-neuroscience-raises-250m-at-a-1bn-valuation-nyt-reports\/#A_crowded_field\" >A crowded field<\/a><\/li><\/ul><\/nav><\/div>\n<p><img decoding=\"async\" src=\"https:\/\/media.thenextweb.com\/2026\/09\/gloved-hands-tweezers-thin-film-electrode-arrays-lab.avif\" \/><\/p>\n<div id=\"article-main-content\">\n<p>Precision Neuro<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/sciencee\/\" data-internallinksmanager029f6b8e52c=\"5\" title=\"Science\" target=\"_blank\" rel=\"noopener\">science<\/a> has raised $250m in a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">Series<\/a> D round for its brain-computer interface, the New York company <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.globenewswire.com\/news-release\/2026\/09\/24\/3368254\/0\/en\/precision-neuroscience-closes-oversubscribed-250m-series-d-led-by-pershing-square-inc-the-ackman-oxman-institute-and-a-leading-life-sciences-investment-fund.html\" target=\"_blank\" rel=\"nofollow noopener\">announced on Thursday<\/a>. Bill Ackman\u2019s Pershing Square, the Ackman Oxman Institute and an unnamed life sciences fund led the round.<\/p>\n<p>The round values Precision at just over $1bn, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2026\/09\/24\/business\/dealbook\/precision-neuroscience-brain-bill-ackman.html\" target=\"_blank\" rel=\"nofollow noopener\">The New York Times reported<\/a>. Pershing Square and the institute put in $42.5m of the total, according to the Times. Precision, which started in 2021, has now raised $430m in total.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ackmans_first_bet\"><\/span>Ackman\u2019s first bet<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Ackman founded the Ackman Oxman Institute, a brain research centre in Manhattan, with his wife, Neri Oxman. TNW covered his plans for the institute in August. Precision is the institute\u2019s first investment, the Times reported. Ackman told the paper that Precision\u2019s less invasive <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roach was part of what drew him in.<\/p>\n<blockquote>\n<p>\u201cWe have learned that the brain can recover from even catastrophic injury, and that there is far more that can be done for people living with neurological injuries,\u201d Ackman said in the company\u2019s statement.<\/p>\n<\/blockquote>\n<p>The round also drew the Duquesne Family Office, B Capital, ARK Invest and Invus. Mubadala Capital, Mirae Asset Capital, Korea Investment Partners, Hitachi Ventures and JSL Health Capital took part too. ARK is also an investor in Neuralink.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"A_thin_film_not_a_probe\"><\/span>A thin film, not a probe<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Precision\u2019s Layer 7 is a thin film with 1,024 electrodes that sits on the surface of the brain. Neuralink places its electrodes inside the brain tissue. Experts told the Times that surface devices carry less risk of infection or scarring. Electrodes inside the brain can read single neurons, however, which some experts think could make them more accurate.<\/p>\n<p>One of Precision\u2019s founders, Benjamin Rapoport, was also a co-founder of Neuralink, according to the Times.<\/p>\n<p>The FDA cleared Layer 7 in April 2025 for up to 30 days of use. At the time, Precision said the device is <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.precisionneuro.io\/articles\/company-news\/precision-neuroscience-receives-fda-clearance-for-high-resolution-cortical-electrode-array\" target=\"_blank\" rel=\"nofollow noopener\">one part of a wireless implant<\/a> that is still in development. The new money will help it seek approval for permanent implants, chief executive Michael Mager told the Times. He said that is likely to take years.<\/p>\n<blockquote>\n<p>\u201cThe next phase of BCI will be defined by more than <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> alone,\u201d Mager said in the statement.<\/p>\n<\/blockquote>\n<p>Precision says it has carried out more than 100 procedures on patients at 18 medical centres. It has also partnered with Medtronic and makes its own electrode arrays in Texas. Precision is preparing an early feasibility study of its fully implantable system, for people with severe paralysis, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.neurofounders.co\/articles\/precision-neuroscience-raises-250m-series-d-to-commercialize-bci\" target=\"_blank\" rel=\"nofollow noopener\">Neurofounders reported<\/a>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"A_crowded_field\"><\/span>A crowded field<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>More than $2bn has gone into brain-computer interface companies in the past 18 months, according to Neurofounders. Paradromics, a Neuralink rival, put its first brain chip into a patient in June. China put its first commercial brain implant into a patient in July. Researchers at the Feinstein Institutes have used an implant and AI to restore movement and touch to a paralysed man.<\/p>\n<\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more like this article, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" target=\"_blank\" >Technology category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/thenextweb.com\/news\/precision-neuroscience-250m-series-d-1bn-valuation-ackman\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Precision Neuroscience has raised $250m in a Series D round for its brain-computer interface, the New York company announced on Thursday. Bill Ackman\u2019s Pershing Square, the Ackman Oxman Institute and an unnamed life sciences fund led the round. The round values Precision at just over $1bn, The New York Times reported. Pershing Square and the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-748008","post","type-post","status-publish","format-standard","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/748008","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=748008"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/748008\/revisions"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=748008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=748008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=748008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}