
Sanmai Technologies, a stealthy neurotechnology startup, has raised $12 million in a Series A round led by LinkedIn co‑founder Reid Hoffman, who will also join its board of directors, Bloomberg reports.
Sanmai is developing a non‑invasive, AI‑guided focused ultrasound headset to treat mental health disorders and improve cognitive function. The device is designed to sell for under $500, making clinic‑grade brain stimulation accessible at home. According to Bloomberg, this funding aligns with growing interest from billionaire investors in cutting‑edge brain science, such as Coinbase co‑founder Fred Ehrsam's Nudge and Elon Musk's Neuralink.