BrainCo Submits Confidential IPO Application in Hong Kong Amid Surge in BCI Commercialization

1Month12Recently, according to relevant media reports,“Hangzhou Six Dragons”One of theBrainCo(BrainCo)Submitted to the Hong Kong Stock Exchange in a confidential mannerIPOApplication。

Previously,BrainCoCompleted approximately20A new round of financing worth hundreds of millions，Refreshed Non-InvasiveBCIRecord for a single financing round in the field,At the same time,BrainCoAlsoBecome the second-largest brain-computer interface enterprise in global financing scale`, second only to`Elon·Under Musk'sTheNeuralink。

According to reports,The funds raised this time will be used to fully accelerate the research and development of core brain-computer interface technologies, breakthroughs in extreme engineering, product scaling, and mass production implementation.。

The introduction on the company's official website shows,BrainCoBrainCo was founded in2015Year, the first to be selected for Harvard University's Innovation Lab(Harvard Innovation Lab)The Chinese team is also a global leader in non-invasive brain-computer interface technology.Under the company'sIntelligent Bionic Hand,WillHighly Integrated Brain-Computer Interface Technology and Artificial Intelligence Algorithms，By detecting the wearer's neural and muscle electrical signals, it can recognize the wearer's movement intentions and translate those intentions into actions performed by the smart bionic hand.

At present,"The craze for brain-computer interfaces" is continuously on the rise.China Galaxy Securities pointed out,Brain-computer interface technology is moving from laboratories to industrial production.

Last year12Month,Elon·Musk said on social media,Its brain-computer interface companyNeuralinkWill be2026Began large-scale production of brain-computer interface devices in [Year].。

Chinese companies are also not showing weakness in the frontier field of brain-computer interface.

1Month13Recently, NeuroXess, a leading enterprise in China for implantable flexible brain-computer interface technology...“Super Factory”The project has officially broken ground in Ganjiang New Area, Jiangxi Province, and is expected to2026Completed and put into operation in the second half of the year.Previously, NeuroXess developed the first domestic and second global“Fully Implantable, Fully Wireless, Fully Functional”Brain-Computer Interface Successfully Completes First Clinical Trial, Plans for Multi-Center Clinical Study This Year

It is reported that,ThisThe factory willFocus on achieving large-scale, standardized mass production of various brain-computer interface products independently developed by NeuroXess., aiming to achieve the stable delivery of tens of thousands of units, thereby changing the current situation where brain-computer interface devices rely on laboratory customization and are difficult to popularize.After the factory begins operations, it will first achieve small-batch supply for scientific research and clinical use. Then, in conjunction with the progress of medical device registration, it will promote large-scale commercial mass production.

In addition,“Beijing Brain No.1”Semi-Invasive Brain-Computer Interface ProductsLast yearSuccessfully completed surgical implantation for multiple patients，CurrentlyThe registered clinical product has advanced to production, preliminary plan2026Initiate registration clinical trials in the middle of the year，Expected to2To3Approved for Class III Medical Device Certification and Promoted for Application Within the Year。New Generation“Beijing Brain No.2”Fully invasive products have also entered the engineering prototype development stage, and are expected2026Entered the clinical validation stage in the year.

1Month7On [date], the Ministry of Industry and Information Technology released《“Artificial Intelligence+Manufacturing”"Implementation Opinions on Special Actions"，It was mentioned that,AccelerateThe Industrialization and Commercialization Process of New Terminals such as Brain-Computer Interfaces。

At the local level, Beijing and Shanghai pay high attention to and support the future development of the brain-computer interface industry.

Shanghai Brain-Computer Interface Future Industry Cultivation Action Plan (2025-2030Year)》 proposed,2027Before the Year, achieving high-quality brain control,Semi-invasive brain-computer interface products achieve clinical application in China for the first time, and breakthroughs have been made in the development of invasive brain-computer interfaces., the innovative ecosystem for brain-computer interfaces has been initially established.

2027Before the year, promote5More than one invasive and semi-invasive brain-computer interface products have completed medical device type inspection. Introduction and Cultivation5More than one自主创新企业 with core technology and product development capabilities in brain-computer interface.10Leading enterprises in the industrial chain.

"Action Plan to Accelerate the Innovative Development of Brain-Computer Interface in Beijing ("2025To2030Year)》Proposed，To2027Year, breaking through core technologies such as brain-computer interface electrodes, chips, and encoding-decoding algorithms, promoting key product performance to reach internationally leading levels, and building world-leading intelligent brain-computer systems.Preliminary clinical application, cultivation3To5Potential Unicorn Enterprises in China; to2030In the year, the brain-computer interface industry ecosystem initially took shape,Cultivate 3-5 globally influential technology-leading enterprises and about 100 innovative small and medium-sized enterprises.

Beijing'sThe Zhongguan Village (Changping) Brain Science and Brain-Computer Interface Industrial Park was also recently inaugurated and put into use.3Special Fund of 100 Million Yuan to Help Incubate Enterprises.

The medical and health field isBrain-Computer InterfaceCurrentlyThe most important application fields.Since last year, the charging system and medical insurance channels for brain-computer interfaces have been gradually established, providing...SubsequentPave the Way for Clinical Application。

2025Year3In the month, the National Medical Security Administration issued the "Neurology Project Guidelines," which specifically established an independent pricing item for the new brain-computer interface technology.“Invasive Brain-Computer Interface Implantation Fee”“Invasive Brain-Computer Interface Removal Fee”“Non-invasive brain-computer interface adaptation fee”Price items to be determined.As of now,Brain-Computer Interface Pricing Clarified in Multiple Regions Across ChinaZhejiang, Beijing, Hebei, etc.Earth ReturnAdvanceBrain-Computer Interface Related Services Included in Medical Insurance.

It is expected that in the near future, the revolutionary innovations of brain-computer interfaces will benefit more patients.

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