MintNeuro

Imperial College spinout MintNeuro has secured $5m (£3.8m) in a funding round led by Odyssey Ventures to accelerate the development and commercialisation of its specialised neural semiconductor platform.

Summary of transaction details:

• Value: $5m (£3.8m)
• Sector: DeepTech & AI
• Advisor: None disclosed
• Key Entities: MintNeuro, Odyssey Ventures, JSK Investments SICAV a.s., 33East, Alumni Ventures
• Location: London, United Kingdom

Note: The funding will enable MintNeuro to advance shipments of pre-production chips to clinical partners, strengthen its presence in the United States, and overcome hardware bottlenecks in the brain-computer interface market.