News summary

Traded: Venture Capital 🦄 on Instagram: "Precision Neuroscience closed an oversubscribed $250 million Series D co-led by Pershing Square Inc., the Ackman Oxman Institute and an undisclosed leading life sciences investment fund, bringing its total funding to $430 million. The brain-computer interface company, led by co-founder and CEO Michael Mager, plans to use the capital to expand clinical programs, advance FDA review of its Layer 7 cortical interface and build commercialization infrastructure. FOUNDERS: Michael Mager & Dr. Benjamin Rapoport INVESTORS: Pershing Square Inc., Ackman Oxman Institute, Duquesne Family Office, B Capital, ARK Invest, Invus, Mubadala Capital, Mirae Asset Capital, Korea Investment Partners, Hitachi Ventures & JSL Health Capital ROUND: Series D AMOUNT: $250,000,000 HQ: New York City, New York #VentureCapital #PrecisionNeuroscience #MichaelMager #TradedVC"

Source: traderVC • Published: 24 Sept 2026, 21:19

Summarized by Masters of Longevity from traderVC.

Precision Neuroscience — a brain–computer interface company — is featured in an article about its latest major fundraising and growth plans, offering readers insight into an investor-backed scale-up moving toward clinical and commercial milestones.

Traded: Venture Capital 🦄 on Instagram: "Precision Neuroscience closed an oversubscribed $250 million Series D co-led by Pershing Square Inc., the Ackman Oxman Institute and an undisclosed leading life sciences investment fund, bringing its total funding to $430 million. The brain-computer interface company, led by co-founder and CEO Michael Mager, plans to use the capital to expand clinical programs, advance FDA review of its Layer 7 cortical interface and build commercialization infrastructure. FOUNDERS: Michael Mager & Dr. Benjamin Rapoport INVESTORS: Pershing Square Inc., Ackman Oxman Institute, Duquesne Family Office, B Capital, ARK Invest, Invus, Mubadala Capital, Mirae Asset Capital, Korea Investment Partners, Hitachi Ventures & JSL Health Capital ROUND: Series D AMOUNT: $250,000,000 HQ: New York City, New York #VentureCapital #PrecisionNeuroscience #MichaelMager #TradedVC"
Key Takeaways
  • Precision Neuroscience raised an oversubscribed $250 million Series D to accelerate its development and operations.
  • The company will use the funds to expand clinical programs and advance FDA review of its Layer 7 cortical interface.
  • Proceeds will also support building commercialization infrastructure to prepare the product for market adoption.
Read the full article at traderVC ↗

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