Synchron

Develops brain-computer interface technology for patients

New York City, New York, United States

About Synchron

Synchron develops brain-computer interface (BCI) technology that enables individuals, particularly those with severe paralysis, to control digital devices using their thoughts. Their main product involves a minimally invasive endovascular procedure for implanting the BCI, which is similar to placing stents and avoids the need for open brain surgery. This approach makes the technology safer and more accessible for a wider range of patients. Unlike competitors, Synchron focuses on providing a solution that enhances patient autonomy and social connection through direct control of computers and other devices. The company's goal is to empower patients with neurological conditions by improving their quality of life through advanced medical technology.

New York City, New YorkHeadquarters
2016Year Founded
$130.6MTotal Funding
SERIES_CCompany Stage
Biotechnology, HealthcareIndustries
51-200Employees

Benefits

Hybrid Work Options

Risks

Competition from Blackrock Neurotech and Precision Neuroscience threatens Synchron's BCI market share.
Generative AI integration may face data privacy and ethical challenges.
Dependency on Nvidia's technology could limit Synchron's future technological flexibility.

Differentiation

Synchron's BCI technology uses minimally invasive endovascular procedures, unlike traditional open-brain surgery.
The company integrates generative AI to enhance communication for non-verbal individuals.
Synchron's collaboration with Nvidia aims to improve BCI technology's processing and performance.

Upsides

Integration with Amazon Alexa shows potential for thought-controlled smart home devices.
The patient registry could accelerate BCI technology development and adoption.
Participation in the BMI Summit highlights Synchron's influence in neurotechnology advancements.