MintNeuro raises $5M for neural-device chips

MintNeuro, an Imperial College London spinout developing specialised semiconductors for neural devices, has raised $5 million to scale its technology. The company’s chips are designed for applications ranging from brain implants to wearables, targeting both medical and consumer markets.

The round is smaller than recent semiconductor deals but stands out for its focus. While StartupReader covered Euclyd’s $231 million raise on 24 September, that startup’s funding reflected investor interest in hardware for AI workloads. MintNeuro’s work, by contrast, centers on chips for neural interfaces, where demand is growing for low-power, high-precision components in medtech.

No backers have been disclosed, though the company’s academic roots suggest support from university-affiliated funds or deep-tech investors. The $5 million figure is modest compared to recent rounds—Volantis raised $88 million weeks ago—but chip development, especially for medical uses, often requires long-term investment.

MintNeuro will need to prove its technology can compete with established players and well-funded startups in related markets. Its progress could show whether investors are open to backing hardware outside AI, but success will depend on partnerships or regulatory approvals for neural implants. The next year may reveal product updates or early deployments.

Sources: tech.eu