Blackrock Neurotech

Salt Lake City, Utah, United States Biotechnology Acquired

Blackrock Neurotech develops implantable brain-computer interface (BCI) technology and neural recording systems for individuals with paralysis and neurological disorders. The company manufactures the NeuroPort Array, a high-channel microelectrode platform used in BCI research and clinical applications since 2004. Products include NeuroPort for neural recording and stimulation, and the next-generation Neuralace technology with 10,000+ channels.

Acquired

Blackrock Neurotech has been acquired

Acquired by Tether April 29, 2024 $200M

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2008

Employees

130–166

Total Funding

$22.4M

2 rounds

Funding

Total raised $22.4M across 2 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series B

Date

April 29, 2024

Amount

$12.4M

Valuation

Lead Investors

Not disclosed
DateRoundAmount RaisedValuationLead Investors
April 29, 2024 Series B $12.4M Not disclosed
2021 Strategic / Late-stage $10M re.Mind Capital

Leadership

  • Marcus Gerhardt

    Co-Founder & CEO

    LinkedIn
  • Florian Solzbacher

    Co-Founder & Chairman

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Neuralink

    Pioneering fully implanted BCIs leveraging robotic surgical platforms with estimated valuation of $7.8B. Demonstrated first human subject receiving brain implant called Telepathy.

  • Synchron

    Creates minimally invasive endovascular BCI technology enabling paralyzed people to use digital devices with their thoughts. Backed by Bill Gates, Jeff Bezos, and ARCH Venture Partners.

  • Precision Neuroscience

    Developing advanced BCI systems for neural recording and stimulation.

  • Paradromics

    Working on brain-computer interface technology for neural data acquisition.

  • Corticale

    Developing brain-computer interface technology.

  • g.tec Medical Engineering

    Develops brain-computer interface and neurotech devices.

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