Congrats to Forest Neurotech on receiving $14M in funding to create next-generation brain-computer interfaces for individuals with neurological injuries or diseases. Their novel noninvasive approach has a wide range of potential applications, from mitigating seizures to treating severe depression.
Forest Neurotech is funded through Convergent Research (
@Convergent_FROs), with funds from former Google CEO
@ericschmidt. Griffin Catalyst, the philanthropic organization of Citadel CEO Ken Griffin, the Riley & Susan Bechtel Foundation, and James Fickel also support Forest Neurotech.
This initiative is notable because Forest Neurotech (
forestneurotech.org/) is a new breed of
#nonprofit #startup called a Focused Research Organization or FRO. Convergent Research pioneered this structure to support
#moonshot efforts that create new scientific tools and datasets. These tools, research, and data will be shared with the broader scientific community, aligning with a commitment to open science.
You can read all about it here:
businesswire.com/news/home/2…