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BCI investment research · reviewed most weekdays · last updated

Tracking the race to wire the brain.

Where the money is going in brain-computer interfaces. Dated calls we score in public, an investable map, and every number sourced.

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Our probability (bar) vs the prediction market (pink marker), where one exists.

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  1. Coherence Neuro raises $45M (co-led by Founders Fund and the OpenAI Startup Fund; the company calls it a Series A, WIRED calls it seed) for a brain implant that watches tumours: three glioblastoma patients had the CIPHER probe on the cortex for ~30 min during surgery at Royal Melbourne Hospital, 7 more planned, then a long-term glioblastoma trialCoherence Neuro
  2. Phantom Neuro implants Phantom X, a sub-skin forearm sensor that turns muscle signals into wireless prosthetic-hand commands, in its first human participants (CYBORG study, Cabrini Health, Melbourne; ~1-hour procedures, no general anaesthetic; up to 10 participants)PR Newswire
  3. MindEx, a four-chip "cognitive" BCI trial for severe paralysis at UT Southwestern (Dallas), surfaces on ClinicalTrials.gov: recording from four brain regions, 2 participants planned, recruiting since Feb 2026, PI Nader PouratianClinicalTrials.gov NCT05936619
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