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China's BrainCo Secures $286M, Largest Outside US Brain Chip Firm
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China's BrainCo Secures $286M, Largest Outside US Brain Chip Firm
A Chinese startup specializing in brain-computer interfaces, BrainCo, has successfully closed a funding round totaling 2 billion yuan (approximately $286.3 million USD), marking the largest investment in the BCI sector outside of the U.S.-based Neuralink, according to reports from Shanghai Securities News. The round was jointly led by IDG Capital, a private equity firm based in Hong Kong, and Walden International, an investment group founded by …
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