Recently, according to The Paper, BrainCo, a leading Chinese brain-computer interface company, has completed a financing round of about 2 billion RMB. This scale not only set a new record in the domestic industry but also became the second-largest financing event globally, second only to Neuralink, a company founded by Elon Musk.
This round of financing attracted an extremely impressive list of investors, fully demonstrating the confidence of the capital market in the non-invasive brain-computer interface sector. The investors include top institutions such as IDG Capital and Wadhwani International, founded by Chen Liwu, CEO of Intel, as well as two "Apple chain" giants, Lens Technology and Lingyi Intelligent Manufacturing. In addition, strategic investors include Weir Semiconductor, Runze Technology, Huazhu Group, and TAL Education Group, with participation from top family offices in Hong Kong and the United States.
BrainCo was established in February 2015 and was incubated by its founder Han Bicheng and his team in the Harvard University Innovation Lab. The company has been committed to the in-depth research and development of non-invasive brain-computer interface technology. It has successfully commercialized scientific research results and launched multiple innovative products, including intelligent bionic limbs and brain-computer smart sleep devices.
Industry insiders analyze that with the injection of large-scale funds, BrainCo will further accelerate product iteration and global market expansion, promoting brain-computer interface technology from the laboratory to broader fields of medical care and health for the general public.
