Home Shanghai-based Brain-Computer Interface Unicorn Jieti Medical Secures $700M Series Strategic Funding and Files for IPO

Shanghai-based Brain-Computer Interface Unicorn Jieti Medical Secures $700M Series Strategic Funding and Files for IPO

Mar 13, 2026 08:00 CST Updated 08:00
StairMed

Developer of Implantable Brain-Computer Interface Technology

FountainBridge

Venture Capital Institution

OrbiMed

Investment institutions dedicated to the biomedicine and life sciences fields

Oriza Holdings

Early-stage Equity Investment Management Institution

Qiming Venture Partners

Healthcare Investment Institutions

Tencent

Internet Comprehensive Service Provider

Lilly Asia Ventures

Biopharmaceutical Investment Management Institution

SSCILF

Pilot Industry Investment Institutions

【独家】脑机接口独角兽阶梯医疗完成5亿元融资

StairMed's First Clinical Trial Participant Brain-Controlled Racing Game Image Source: StairMed

Interface News reporter |Li Kewen

Interface News Editor |Xie Xin

On March 13, The Paper exclusively learned that StairMed, a rising star in China's brain-computer interface startups, recently completed a 500 million yuan strategic financing round. Alibaba led the investment, followed by SDIC Chuanghe, with existing shareholders Tencent, FountainBridge, OrbiMed, Oriza Holdings, Qiming Venture Partners, Lilly Asia Ventures, Source Code Capital, and Shanghai Guotou XianDao continuing to invest. Apex Capital served as the exclusive financial advisor.

StairMed has raised over 1.1 billion yuan in cumulative financing in the past year. It is also the first company in the brain-computer interface field that Alibaba and Tencent have invested in.

StairMed Plans to Launch Large-Scale Multi-Center Registration Clinical Trials by Mid-2026

StairMed was founded in August 2021. Its technical route is invasive brain-computer interface, the same as Neuralink. It has currently laid out two directions: "brain control" and "neuro-modulation," aiming to provide new treatment options for patients with motor dysfunction and neurological diseases. It has successfully developed China's first high-throughput wireless invasive brain-computer interface system. According to Jiemian News, StairMed has mastered multiple technologies, including electrodes, systems, algorithms, and surgical robots.

Globally, StairMed is the second company to enter the clinical stage for invasive brain-computer interface technology, following Neuralink. The company has independently developed ultra-flexible electrodes that are 1/100th the thickness of a human hair and the world’s smallest invasive brain-computer implant. In 2025, it completed China's first prospective clinical trial for an invasive brain-computer interface, with its product entering the National Medical Products Administration’s (NMPA) innovative "green channel." This clinical trial aims to help subjects who have lost their limbs operate computers using only their thoughts.

In terms of technological advancements, The Paper has learned that after completing the clinical implantation of three 64-channel invasive brain-computer interface systems (WRS01) in 2025, StairMed successfully completed the first clinical implantation of its proprietary 256-channel invasive brain-computer interface system (WRS02) using a self-developed surgical robot in early 2026.

In addition, its closed-loop ultra-low damage deep brain neurostimulation system (Deep Brain Stimulation System) has currently completed four clinical research implant surgeries, achieving functional verification of regulation, with plans to initiate clinical trials in 2027.

Currently, brain-computer interfaces are at a turning point transitioning from laboratories to industrialization. Application scenarios can generally be divided into several aspects: medical, human-computer interaction, education and entertainment, and military.

Brain-computer interfaces have multiple technical routes, which can be divided into invasive, semi-invasive, and non-invasive based on the most common implantation methods. From the product perspective, invasive and semi-invasive products are still in clinical trials, while some non-invasive products have already been launched, including brain-computer interface motor rehabilitation systems for medical use and sleep aids for consumer use.

Whether invasive or semi-invasive, the basic approach involves implanting a device in the body, placing electrodes at specific locations for signal acquisition, analysis, and stimulation. These systems then convert neural activity into usable control signals, allowing patients to manipulate external devices—such as robotic arms or computer cursors—through intention. Applications can cover motor and visual function restoration and extend to explorations in intervention for conditions like epilepsy and depression.

Since it involves implanting electrodes into the cerebral cortex, which carries the risks of craniotomy and potential health hazards, the application scope of invasive brain-computer interfaces is relatively limited. The primary target groups are mainly blind individuals and paralyzed patients. However, this method allows hardware devices such as electrodes or sensors to be implanted directly into the cerebral cortex to capture neural signals directly. Its main advantage is the high signal quality, enabling direct monitoring and regulation of neural signals.

Semi-invasive brain-computer interfaces lie between non-invasive and invasive brain-computer interfaces. By implanting electrodes on the surface or in the shallow layers of the brain, they reduce the risks associated with invasive surgery while providing higher quality signals than most non-invasive brain-computer interfaces. They have a relatively high level of ethical acceptance and are expected to have a shorter commercialization cycle.

Non-invasive brain-computer interfaces are currently more common in consumer-grade products, with sensors placed on the scalp or body surface. Their main application scenarios include consumer-level meditation, sleep, and attention monitoring.

Interface News reporter |Li Kewen

Editor of The Paper |Xie Xin

On March 13, The Paper exclusively learned that StairMed, a rising star in China's brain-computer interface startups, recently completed a 500 million yuan strategic financing round led by Alibaba, with SDIC Chuanghe following the investment. Existing shareholders Tencent, FountainBridge, OrbiMed, Oriza Holdings, Qiming Venture Partners, Lilly Asia Ventures, Source Code Capital, and Shanghai Guotou XianDao continued their participation. Apex Capital served as the exclusive financial advisor.

StairMed has raised over 1.1 billion yuan in cumulative financing in the past year. It is also the first company in which Alibaba and Tencent have invested in the brain-computer interface field.

Interface News has learned that StairMed plans to conduct large-scale, multi-center registration clinical trials by mid-2026, aiming to complete the enrollment and implant surgeries for approximately 40 patients within the year. StairMed expects that by the end of 2026, its total number of clinical implants will likely approach or even surpass the current total of about 21 cases in clinical trials conducted by Neuralink, Elon Musk's brain-computer interface company.

StairMed was founded in August 2021. Its technical approach is invasive brain-computer interfaces, the same technical route as Neuralink. It has currently laid out two major directions: "brain control" and "neuro-modulation," aiming to provide new treatment options for patients with motor dysfunction and neurological diseases. It has successfully developed China's first high-throughput wireless invasive brain-computer interface system. According to Jiemian News, StairMed has mastered multiple technologies, including electrodes, systems, algorithms, and surgical robots.

Globally, StairMed is the second company to enter the clinical stage for invasive brain-computer interfaces following Neuralink. It has independently developed ultra-flexible electrodes that are 1/100 the thickness of a human hair and the world’s smallest invasive brain-computer implant. In 2025, it will complete China's first prospective clinical trial for invasive brain-computer interfaces, with its product entering the National Medical Products Administration (NMPA) innovation "green channel." This clinical trial aims to help subjects who have lost their limbs operate computers using their thoughts.

In terms of technological advancements, The Paper has learned that after completing the clinical implantation of three 64-channel invasive brain-computer interface systems (WRS01) in 2025, StairMed successfully completed the first clinical implantation of its 256-channel invasive brain-computer interface system (WRS02), which is planned for registration, in early 2026 using a self-developed surgical robot.

In addition, its closed-loop ultra-low damage deep brain neurostimulation system (Deep Brain Stimulation System) has currently completed four clinical research implant surgeries, achieving functional verification of regulation, with plans to initiate clinical trials in 2027.

Currently, brain-computer interfaces are at a turning point from laboratory research to industrialization. Application scenarios can generally be divided into several areas: medical, human-computer interaction, education and entertainment, and military.

Brain-computer interfaces have multiple technical routes, which can be divided into invasive, semi-invasive, and non-invasive according to the most common implantation methods. From the product side, invasive and semi-invasive products are still in clinical trials, while some non-invasive products have already been launched, including brain-computer interface motor rehabilitation systems for medical use and sleep aids for consumer use.

Whether invasive or semi-invasive, the basic approach involves implanting a device in the body, placing electrodes at specific locations for signal acquisition, analysis, and stimulation, then converting neural activity into usable control signals. This allows patients to manipulate external devices, such as robotic arms or computer cursors, through intention. Applications can cover motor and visual function reconstruction and extend to explorations in epilepsy, depression, and other areas of intervention.

Since it involves implanting electrodes into the cerebral cortex, which carries the risks of craniotomy and potential health hazards, the application scope of invasive brain-computer interfaces is relatively limited. The primary target groups are mainly the blind and paralyzed patients. However, this method allows hardware devices such as electrodes or sensors to be implanted into the cerebral cortex to directly capture neural signals. The main advantage is the high signal quality, enabling direct monitoring and regulation of neural signals.

Semi-invasive brain-computer interfaces lie between non-invasive and invasive brain-computer interfaces. By implanting electrodes on the surface or in the shallow layers of the brain, they reduce the risks associated with invasive surgery while providing higher quality signals than most non-invasive brain-computer interfaces. They have a relatively high level of ethical acceptance and are expected to have a shorter commercialization cycle.

Non-invasive brain-computer interfaces are currently more common in consumer-grade products, with sensors placed on the scalp or body surface. Their main application scenarios include consumer-level meditation, sleep, and attention monitoring.

【独家】脑机接口独角兽阶梯医疗完成5亿元融资

StairMed's First Clinical Trial Participant Brain-Controls Racing Game Image Source: StairMed

Interface News reporter |Li Kewen

Editor of The Paper |Xie Xin

On March 13, The Paper exclusively learned that StairMed, a rising star in China's brain-computer interface startups, recently completed a 500 million yuan strategic financing round. The round was led by Alibaba, with participation from SDIC Chuanghe, while existing investors Tencent, FountainBridge, OrbiMed, Oriza Holdings, Qiming Venture Partners, Lilly Asia Ventures, Source Code Capital, and Shanghai Guotou XianDao continued their support. Apex Capital served as the exclusive financial advisor.

StairMed has raised over 1.1 billion yuan in cumulative financing in the past year. It is also the first company in which Alibaba and Tencent have invested in the brain-computer interface field.

Interface News has learned that StairMed plans to conduct large-scale, multi-center registration clinical trials by mid-2026, aiming to complete the enrollment and implant surgeries for approximately 40 patients within the year. StairMed expects that by the end of 2026, its total number of clinical implants will likely approach or even surpass the current total of about 21 cases in clinical trials conducted by Neuralink, Elon Musk's brain-computer interface company.

StairMed was founded in August 2021. Its technical route is invasive brain-computer interface, the same as Neuralink. It has currently laid out two major directions: "brain control" and "neuro-modulation," aiming to provide new treatment options for patients with motor dysfunction and neurological diseases. It has successfully developed China's first high-throughput wireless invasive brain-computer interface system. According to Jiemian News, StairMed has mastered multiple technologies, including electrodes, systems, algorithms, and surgical robots.

Globally, StairMed is the second company to enter the clinical stage for invasive brain-computer interface technology after Neuralink. It has independently developed ultra-flexible electrodes that are 1/100 the thickness of a hair strand and the world’s smallest invasive brain-computer implant. In 2025, it will complete China's first prospective clinical trial for invasive brain-computer interfaces, with its product entering the National Medical Products Administration (NMPA) innovation "green channel." This clinical trial aims to help subjects who have lost their limbs operate computers using only their thoughts.

In terms of technological advancements, The Paper has learned that after completing the clinical implantation of three 64-channel invasive brain-computer interface systems (WRS01) in 2025, in early 2026, StairMed successfully completed the first clinical implantation of its proprietary 256-channel invasive brain-computer interface system (WRS02), which is planned for registration, utilizing a self-developed surgical robot.

In addition, its closed-loop ultra-low damage deep brain neuromodulation system (Deep Brain Stimulation System) has currently completed four clinical research implant surgeries, achieving functional verification of regulation, with plans to initiate clinical trials in 2027.

Currently, brain-computer interfaces are at a turning point transitioning from laboratories to industrialization. Application scenarios can generally be divided into several aspects such as medical, human-computer interaction, education and entertainment, and military.

Brain-computer interfaces have multiple technical routes, which can be divided into invasive, semi-invasive, and non-invasive based on the most common implantation methods. From the product perspective, invasive and semi-invasive products are still in clinical trials, while some non-invasive products have already been launched, including brain-computer interface motor rehabilitation systems for medical use and sleep aids for consumer use.

Whether invasive or semi-invasive, the basic approach involves implanting a device in the body, placing electrodes at specific locations for signal acquisition, analysis, and stimulation, then converting neural activity into usable control signals. This allows patients to manipulate external devices, such as robotic arms or computer cursors, with their thoughts. Applications can cover motor and visual function reconstruction and extend to explorations in epilepsy, depression, and other areas of intervention.

Since it involves implanting electrodes into the cerebral cortex, which carries the risks of craniotomy and potential health hazards, the application scope of invasive brain-computer interfaces is relatively limited. The primary target groups are mainly blind individuals and paralyzed patients. However, this method allows hardware devices such as electrodes or sensors to be implanted into the cerebral cortex to directly capture neural signals. The main advantage is the high signal quality, enabling direct monitoring and regulation of neural signals.

Semi-invasive brain-computer interfaces lie between non-invasive and invasive brain-computer interfaces. By implanting electrodes on the surface or in the shallow layers of the brain, they reduce the risks associated with invasive surgery while providing higher quality signals than most non-invasive brain-computer interfaces. They have a relatively high level of ethical acceptance and are expected to have a shorter commercialization cycle.

Non-invasive brain-computer interfaces are currently more common in consumer-grade products, with sensors placed on the scalp or body surface. Their main application scenarios include consumer-level meditation, sleep, and attention monitoring.

Interface News reporter |Li Kewen

Editor of The Paper |Xie Xin

On March 13, Interface News exclusively learned that StairMed, a domestic brain-computer interface star startup, recently completed a 500 million yuan strategic financing round led by Alibaba, with SDIC Chuanghe following the investment. Existing shareholders Tencent, FountainBridge, OrbiMed, Oriza Holdings, Qiming Venture Partners, Lilly Asia Ventures, Source Code Capital, and Shanghai Guotou XianDao continued to invest, with Apex Capital serving as the exclusive financial advisor.

StairMed has raised over 1.1 billion yuan in cumulative financing in the past year. It is also the first company in which Alibaba and Tencent have invested in the brain-computer interface field.

StairMed Plans to Launch Large-Scale Multi-Center Registration Clinical Trials by Mid-2026

StairMed was founded in August 2021. Its technical approach is invasive brain-computer interfaces, the same route as Neuralink. It has currently laid out two major directions: "brain control" and "neuro-modulation," aiming to provide new treatment options for patients with motor dysfunction and neurological diseases. It has successfully developed China's first high-throughput wireless invasive brain-computer interface system. According to Interface News, StairMed has mastered multiple technologies, including electrodes, systems, algorithms, and surgical robots.

Globally, StairMed is the second invasive brain-computer interface company to enter the clinical stage after Neuralink. It has independently developed ultra-flexible electrodes that are 1/100 the thickness of a hair strand and the world's smallest invasive brain-computer implant. In 2025, it completed China’s first prospective clinical trial of an invasive brain-computer interface, with its product entering the National Medical Products Administration (NMPA) innovation "green channel." This clinical trial aims to help subjects who have lost their limbs operate computers using their thoughts.

In terms of technological advancements, The Paper has learned that after completing the clinical implantation of three 64-channel invasive brain-computer interface systems (WRS01) in 2025, StairMed successfully completed the first clinical implantation of its proprietary 256-channel invasive brain-computer interface system (WRS02) intended for registration in early 2026, utilizing a self-developed surgical robot.

In addition, its closed-loop ultra-low damage deep brain stimulation system (deep brain stimulation system) has currently completed four clinical research implant surgeries, achieving functional verification of regulation, with plans to initiate clinical trials in 2027.

Currently, brain-computer interfaces are at a turning point transitioning from laboratories to industrialization. Application scenarios can generally be divided into several aspects: medical, human-computer interaction, education and entertainment, and military.

Brain-computer interfaces have multiple technical routes, which can be divided into invasive, semi-invasive, and non-invasive according to the most common implantation methods. From the product side, invasive and semi-invasive products are still in clinical trials, while some non-invasive products have already been launched, including brain-computer interface motor rehabilitation systems for medical use and sleep aids for consumer use.

Whether invasive or semi-invasive, the basic approach involves implanting a device in the body, placing electrodes at specific locations for signal acquisition, analysis, and stimulation, then converting neural activity into usable control signals. This allows patients to manipulate external devices, such as robotic arms or computer cursors, through intention. Applications can cover motor and visual function reconstruction and extend to explorations in epilepsy, depression, and other areas of intervention.

Since it involves implanting electrodes into the cerebral cortex, which carries the risks of craniotomy and potential health hazards, the application scope of invasive brain-computer interfaces is relatively limited. The main target groups are primarily blind individuals and paralyzed patients. However, this method allows hardware devices such as electrodes or sensors to be implanted directly into the cerebral cortex to capture neural signals directly. The main advantage is the high signal quality, enabling direct monitoring and regulation of neural signals.

Semi-invasive brain-computer interfaces lie between non-invasive and invasive brain-computer interfaces. By implanting electrodes on the surface or in the shallow layers of the brain, they reduce the risks associated with invasive surgery while providing higher quality signals than most non-invasive brain-computer interfaces. They have a relatively high level of ethical acceptance and are expected to have a shorter commercialization cycle.

Non-invasive brain-computer interfaces are currently more common in consumer-grade products, with sensors placed on the scalp or body surface. Their main application scenarios include consumer-level meditation, sleep, and attention monitoring.