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Funding Round

China's NeuroXess raises $40M Series B for first domestic wireless cortical BCI

Caixin Global3/9/2026·03/09/26🌐 Asia

Summary

Shanghai-based NeuroXess secured ¥290M ($40M) Series B from Qiming Venture Partners, IDG Capital, and government-linked Guotai Junan. The company implanted China's first domestic wireless cortical BCI in a human patient in January 2024, achieving ALS patient control of a computer interface using motor imagery in a landmark domestic clinical demonstration.

Why it matters

China's first domestic wireless cortical BCI patient represents a geopolitical milestone in the race between Chinese and US neurotech. NeuroXess's NMPA regulatory pathway is well-established and domestic competition to Neuralink is now clearly underway.

#Asia#BCI#China#Industry#Neural Interfaces#Venture Capital

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