Gates Frontier (Bill Gates’ investment fund) and Bezos Expeditions (Jeff Bezos’ investment fund) participated in the round. ARCH Venture Partners led the funding. Reliance Digital Health, Greenoaks, Alumni Ventures,Moore Strategic Ventures and Project X also joined.
Existing investors participating included Khosla Ventures, NeuroTechnology Investors, METIS, Forepont Capital Partners, ID8 Investments, Shanda Group and University of Melbourne. According to a news release, the Series C brings Synchron’s total fundraising to $145 million.
“We have an opportunity to deliver a first-in-class commercial BCI. The problem of paralysis is much larger than people realize. 100 million people worldwide have upper limb impairment,” said Dr. Tom Oxley, CEO & founder, Synchron. “We are e…