The neuroscience industry is attracting significant investment for developing treatments and new technologies. Companies are working on everything from brain-computer interfaces to drug discovery.
Neuralink leads the field with $1.3B in funding for its brain interface technology. The sector also includes international companies like Spain's INBRAIN Neuroelectronics and drug discovery firm NRG Therapeutics from the UK.
Below is our list of 43 Neuroscience startups worth keeping an eye on.
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Get the Sheet for $50Neuralink builds implantable brain-computer interfaces that give people with paralysis the ability to control external devices with their thoughts. The neurotechnology company is focused on developing its platform to treat a wide range of neurological disorders.
| Headquarters | Fremont, California, United States |
| Year Founded | 2016 |
| Founders | Dongjin Seo, Elon Musk, Max Hodak |
| Funding Amount | $1.3B |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Valor Equity Partners, Lightspeed Venture Partners, Sequoia Capital, Craft Ventures, Founders Fund |
NRG Therapeutics develops novel drugs for neurodegenerative diseases by targeting mitochondrial health. Their scientific approach focuses on creating small molecule therapies to treat conditions such as Parkinson's disease and ALS.
| Headquarters | Cambridge, Cambridgeshire, United Kingdom |
| Year Founded | 2018 |
| Founders | Neil Miller |
| Funding Amount | $97M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series B |
| Top Investors | British Business Bank, Brandon Capital, Omega Funds, Dementia Discovery Fund, Michael J. Fox Foundation |
Biotechnology company Psilera develops treatments for neurological and psychiatric disorders. Their research focuses on creating new psychedelic-based compounds designed to improve mental health without hallucinatory effects.
| Headquarters | Tampa, Florida, United States |
| Year Founded | 2019 |
| Founders | Christopher Witowski, Jacqueline von Salm |
| Funding Amount | $7.6M |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Grant |
| Top Investors | National Institutes of Health, Florida High Tech Corridor, What If Ventures, Mystic Ventures, JLS Fund |
BrainCo develops brain-computer interface (BCI) technology for applications in the education and wellness sectors. Their hardware and software products are used to help students improve focus and to assist individuals with meditation.
| Headquarters | Somerville, Massachusetts, United States |
| Year Founded | 2015 |
| Founders | Bicheng Han |
| Funding Amount | $7.6M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | MassChallenge, Northern Star Partners, Boston Angel Club, Hantan Capital, Wandai Capital |
SEVARO delivers teleneurology services that give hospitals on-demand access to expert neurological care. Their platform helps medical teams rapidly diagnose and treat patients with complex and time-sensitive conditions like strokes.
| Headquarters | New York, New York, United States |
| Year Founded | 2019 |
| Founders | Rajiv Narula |
| Funding Amount | $40.1M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | APA Venture Partners, Intermountain Ventures, Catalyst Investors, Valtruis |
Neurable develops AI tools that translate brain signals into digital commands for brain-computer interfaces. This neurotechnology is designed for applications in augmented and virtual reality, enabling more intuitive human-computer interactions.
| Headquarters | Boston, Massachusetts, United States |
| Year Founded | 2015 |
| Founders | Adam Molnar, James Hamet, Ramses Alcaide |
| Funding Amount | $22.8M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | National Science Foundation, Global Brain Corporation, Hartmann Capital, FundersClub, PJC |
INBRAIN Neuroelectronics develops intelligent, graphene-based neural interfaces designed to decode brain signals for therapeutic use. Their brain-computer interface technology offers a less invasive treatment for neurological disorders such as epilepsy and Parkinson's disease.
| Headquarters | Barcelona, Catalonia, Spain |
| Year Founded | 2020 |
| Founders | Anton Guimera, Carolina Aguilar, Jose Garrido, Kostas Kostarelos |
| Funding Amount | $119.8M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Grant |
| Top Investors | European Investment Bank, Vsquared Ventures, European Innovation Council, imec.xpand, Asabys Partners |
Alva Health develops a wearable medical device for the remote monitoring of strokes. Their technology is designed to detect neurological events in real-time for at-risk patients, enabling faster medical intervention outside of a clinical setting.
| Headquarters | Dallas, Texas, United States |
| Year Founded | 2017 |
| Founders | Hitten Zaveri, Kevin Sheth, Sandra Saldana |
| Funding Amount | $1.8M |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Grant |
| Top Investors | National Science Foundation, Techstars, American Heart Association, Pure Imagination Brands, Cedars-Sinai Accelerator |
Neurovalens develops non-invasive neurostimulation technology delivered through wearable devices. Their headsets are designed to help regulate functions like sleep, anxiety, and metabolism without drugs or surgery.
| Headquarters | Belfast, Belfast, United Kingdom |
| Year Founded | 2013 |
| Founders | Jason McKeown, Paul McGeoch |
| Funding Amount | $27.8M |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Venture Round |
| Top Investors | British Business Bank, IQ Capital, Whiterock Finance, ACF Investors, Future Fund |
Science builds clinical-stage medical technologies that focus on the complex challenges of neuroscience. Their first product, Science Eye, is a visual prosthesis aimed at restoring sight for patients with serious retinal diseases.
| Headquarters | Alameda, California, United States |
| Year Founded | 2021 |
| Founders | Max Hodak |
| Funding Amount | $177.3M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Convertible Note |
| Top Investors | Khosla Ventures, Artis Ventures, Sudeep Ramnani, Jai Mahtani, Unbound Ventures |
33 Additional Neuroscience Startups Worth Following
Our top picks offer a glimpse into the field, but they are just the beginning. Many more companies are tackling big problems in healthcare and AI, raising over a billion dollars combined.
Some are just getting started with their first funding, while others are growing quickly. Here is a look at the other companies shaping the future of neuroscience.