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Peter Thiel, OpenAI fund back Queenslander’s brain tech start-up

Australian Financial Review

Peter Thiel, OpenAI fund back Queenslander’s brain tech start-up

Picture: Australian Financial Review

Peter Thiel’s $24 billion San Francisco venture capital firm has joined OpenAI’s venture capital fund in backing a major investment in Coherence Neuro, a start-up co-founded by Australian electrical engineer Elise Jenkins, which is trialling an implantable device to treat brain cancer. Coherence Neuro has raised $65 million in the round led by Thiel’s Founders Fund and the OpenAI Startup Fund, which has previously invested in artificial intelligence start-ups including Harvey AI.

This report was first published by Australian Financial Review. What you see here is a brief excerpt. The full text is theirs.

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