The Zell Lurie Founders Fund, the student-led investment vehicle of University of Michigan, has committed capital to brain-computer interface technology developer Neurable.
Neurable, a US-based producer of brain-computer interface technology, yesterday raised an undisclosed sum from the Zell Lurie Founders Fund, the student-led investment vehicle of University of Michigan.
The commitment builds on Neurable’s $2m seed round, secured in December 2016. The seed round was led by angel investor group Boss Syndicate and included conglomerate Kraft, Point Judith Capital, Loup Ventures and NXT Ventures.
Neurable is based on research by Ramses Alcaide, who gained his doctorate from University of Michigan in…