Paradromics (Venture Funding)
Funding Details
- Awarder
- RSS - techfundingnews.com
- Date Award
- June 08, 2025
- Vertical
- Neurotechnology
- Funding URL
- View Funding Page
- Funding Amount:
- $105,000,000
Company Info
- Founding Year
- 2015
- Traction
- Paradromics has raised over $105 million in venture funding and secured $18 million in grants from the National Institutes of Health and DARPA, indicating strong confidence in its technology.
- Founders
- Matt Angle
- Company Description
- Paradromics is a neurotechnology company that has developed the Connexus brain-computer interface (BCI), which aims to restore communication for individuals with severe motor impairments by decoding brain signals and translating them into digital commands.
- Market
- Brain-Computer Interfaces (BCI)
- Location
- Austin, Texas, USA