BCI's real competition isn't other interfaces—it's AI that bypasses the brain entirely.
Paradromics Hires Neurology Heavyweight to Crack the Commercial Code for BCIs
Medtronic’s Moat Holds, But FDA’s Breakthrough Label Loses More Luster
Medtronic's Breakthrough Bet Exposed: When FDA Label Doesn't Equal Patient Wins
Paradromics Implants First Wireless BCI in Human ALS Patient
Develops the Science Eye, a retinal implant to restore vision, and other neurotechnology platforms led by former Neuralink president.
Offers EEG-based brain-sensing headbands for education, focus training, prosthetic control, and wellness applications.
OpenAI-backed research lab building non-invasive, high-bandwidth brain-computer interfaces that read and write to neurons using molecules and ultrasound instead of implanted electrodes.
Delivers a motor neuroprosthesis via the jugular vein into brain blood vessels, avoiding open brain surgery.
Develops the Evoke closed-loop spinal cord stimulation system, the first SCS device that senses the spinal cord's ECAP response and adjusts therapy on every pulse.
Develops soft, flexible neural electrode arrays designed to minimize scarring and improve long-term biocompatibility in brain implants.
Embeds EEG sensors into everyday headphones to track focus, attention, and cognitive state for productivity and wellness.
Develops in-ear EEG biosensors for continuous brain activity monitoring in wearable form-factors.
Designs miniaturized, wireless neural implants with on-board AI processing to decode brain signals locally and reduce data bandwidth requirements.
Develops high-bandwidth implantable brain-machine interfaces with thousands of electrode channels for paralysis and neurological conditions.
Develops a flexible, thin-film electrode array placed on the brain surface to enable high-resolution neural recording with minimally-invasive placement.
Provides virtual-reality and brain-sensing platforms for stroke rehabilitation and neurological recovery, combining VR with EEG-based neurofeedback.
Engineers graphene-based neural interfaces for high-resolution, biocompatible brain recording and stimulation.
Manufactures the Utah Array and other electrode systems used in academic BCI research and clinical trials for over a decade.
Develops spinal cord stimulation platforms to restore movement and function in patients with spinal cord injury.
Offers a rapid-deployment EEG system with AI-powered seizure detection for emergency and ICU settings.
Develops peripheral nerve interfaces and implantable devices for prosthetic control and sensory feedback.
Develops magnetoelectric neural stimulation technology for non-invasive, deep-brain modulation targeting psychiatric and neurological disorders.
Forest Neurotech is developing an ultrasound-based brain-computer interface for whole-brain imaging and neuromodulation, aiming to read from and stimulate deep brain structures less invasively than electrode implants.
Builds a wearable headband that uses real-time EEG and acoustic stimulation to accelerate sleep onset and improve sleep quality.
Produces wearable time-domain functional near-infrared spectroscopy headsets for brain activity measurement in research and commercial settings.
Builds very-high-density cortical implants targeting tens of thousands of electrodes for speech and communication restoration.
Builds the Crown, a wearable EEG headset with real-time brain-computer interface software for focus, meditation, and app control.
MIT Media Lab spinout building the MouthPad^, a custom-fit intraoral touchpad that lets people control phones and computers hands-free with tongue and head gestures.
Develops non-invasive transcranial electrical stimulation and EEG systems for research and clinical applications in epilepsy and neurorehabilitation.
Produces augmented-reality headsets with integrated EEG for non-verbal communication and assistive technology for patients with speech and motor impairments.
Provides AI-powered software that interprets brain and body signals from wearable sensors for emotional and cognitive state detection.
Produces a transcranial direct current stimulation headset for at-home treatment of depression, combined with behavioral therapy.
Develops the RNS System, a responsive neurostimulation device that detects and treats epileptic seizures in real time.
Manufactures wireless EEG headsets and software for research, education, and consumer brain-computer interface applications.
Provides open-source EEG, EMG, and ECG biosensing hardware and software for researchers and developers building BCI applications.
Develops smart glasses with integrated EEG sensors for cognitive state monitoring and accessibility applications.
Reads and modulates the vagus nerve to treat chronic inflammatory diseases using implantable neural interfaces.
Joint venture between GSK and Verily developing bioelectronic medicines that modulate peripheral nerves for chronic disease treatment.
Manufactures research-grade neural recording systems and microelectrode arrays for preclinical and clinical BCI applications.
Research organization developing NeuroLife, a BCI system that bypasses spinal cord injury to restore hand and arm movement via cortical recording and muscle stimulation.
Manufactures clinical-grade EEG and BCI systems for research, rehabilitation, and assistive technology applications.
Provides spinal cord stimulation and deep brain stimulation devices for chronic pain, Parkinson's disease, and essential tremor.
Manufactures deep brain stimulation, spinal cord stimulation, and other implantable neuromodulation devices for Parkinson's, pain, and movement disorders.
Offers spinal cord stimulation, dorsal root ganglion stimulation, and deep brain stimulation systems for chronic pain and movement disorders.

A cerebellum-inspired memtransistor made from molybdenum disulfide is demonstrated for AI hardware.

EEG-fMRI study demonstrates the human connectome coordinates multiple asynchronous parallel processing streams.
Nothing on the calendar yet.
Top-end checks carry an order of magnitude more zeroes than 2022's $6M-median year: Neuralink's $650M Series E, Boston Scientific's $533M Nalu acquisition, BrainCo's $286M at $1.3B, Science Corporation's $230M Series C. The early end still functions — Subsense's $10M seed and NextSense's $16M Series A both closed in late 2025.
Unusually for a maturing frontier sector, the stage pyramid still has a base: since 2025, four Series As and two seeds sit under two growth rounds, Synchron's $200M Series D the deepest. M&A is the live exit — Boston Scientific bought Nalu for $533M in October 2025, eighteen months after Tether's $200M Blackrock Neurotech deal.
Khosla Ventures owns the category with five leads, including Science Corporation's $230M Series C in March 2026. Generalist giants arrived in 2025–26: Sequoia and ARK on Neuralink, Lightspeed co-leading Science, IDG Capital pricing BrainCo at $1.3B. Prime Movers Lab, a three-time lead, has been silent since 2023.