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- BrainCo
BrainCo Funding, Investors & Competitors
BrainCo has raised $315M across 5 funding rounds, most recently a $288M undisclosed-stage round in January 2026.
Last BrainCo funding round
$288M
Undisclosed stage · Jan 2026
Cumulative funding BrainCo raised
$315M
across 5 funding rounds
Key investors in BrainCo
IDG Capital
Walden International
Startupbootcamp
TAL Education
37 Interactive Entertainment
Lens Technology
Northern Star Partners
Hantan Capital
About BrainCo
BrainCo is a Beijing-based neurotechnology enterprise developing non-invasive brain-computer interfaces like the Focus EEG headset for cognitive training and attention enhancement. Deployed in over 1,000 schools worldwide, its devices aid students with ADHD and support rehabilitation for neurological conditions through neuroscience and machine learning integration. The company also advances prosthetic control and emotional recognition applications.
Founded
2015
HQ
Website
Status
Privately held
Customer focus
B2B & B2C
Revenue model
Product sales
BrainCo Funding History
BrainCo has raised a total of $315M across 5 funding rounds.
BrainCo's first fundraising round was a $400K seed round in March 2015. The most recent completed round was a $288M undisclosed-stage round in January 2026.
BrainCo funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Jan 2026 | Undisclosed stage | IDG Capital (lead); Walden International (lead); Will Semiconductor; Lens Technology; Guangdong Dowstone Technology; Range Intelligent; Huazhu Hotels Group; TAL Education; Lingyi itech | $288M | BrainCo is a Chinese brain-computer interface (BCI) startup founded in 2015 that develops non-invasive BCI technology and mass-produced products including smart bionic prosthetics and smart sleep aids. The company is headquartered in Hangzhou and has emerged as one of the leading BCI developers outside the United States, with a technical focus distinct from competitors like Neuralink due to its non-invasive approach. In January 2026, BrainCo completed a CNY2 billion (USD286.3 million) financing round co-led by Hong Kong-based IDG Capital and Walden International, an investment firm founded by Intel CEO Lip-Bu Tan. The round included strategic investors such as smart terminal components supplier Lens Technology and semiconductor design company Omnivision Integrated Circuits Group. The proceeds are designated for accelerating research and development of core BCI technologies, achieving engineering breakthroughs, and scaling up product production and delivery. Following the funding announcement, BrainCo filed confidentially for a Hong Kong initial public offering in January 2026, working with China International Capital Corp (CICC) and UBS on the share sale, positioning it to potentially become the first of China's Hangzhou Six tech companies to trade publicly. |
| Oct 2025 | Strategic investment | 37 Interactive Entertainment (lead) | $20M | - |
| Feb 2020 | Series A | Northern Star Partners (lead) | $2M | - |
| Dec 2016 | Seed | Boston Angel Club (lead); Wandai Capital; Startupbootcamp; Hantan Capital | $6M | BrainCo raised $5.5 million in a Pre-A funding round on December 19, 2016, led by Boston Angel Club with participation from Hantan Capital and Wandai Capital. The company, founded in 2015 and incubated at Harvard Innovation Lab, develops portable wireless brain-machine interface wearables to improve efficiency through neurofeedback training. Headquarters are in Somerville, Massachusetts, near Harvard. The round supported development of BrainCo's first product, Focus 1, a brainwave detection device for focus enhancement. Investors included Startupbootcamp Digital Health Chengdu among others in early support. |
| Mar 2015 | Seed | - | $400K | - |
Who has invested in BrainCo?
15 investors have backed BrainCo across its funding rounds, including IDG Capital, Walden International, Startupbootcamp, TAL Education, 37 Interactive Entertainment and Lens Technology.
Lead investors include IDG Capital, Walden International, 37 Interactive Entertainment, Northern Star Partners and Boston Angel Club.
BrainCo Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Jan 2026 | ||
| 1 | Lead | Jan 2026 | ||
| 1 | Participant | Jan 2026 | ||
| 1 | Lead | Oct 2025 | ||
| 1 | Participant | Jan 2026 | ||
| 1 | Participant | Jan 2026 | ||
| -- | 1 | Participant | Dec 2016 | |
| 1 | Lead | Jan 2026 | ||
| 1 | Participant | Jan 2026 | ||
| 1 | Participant | Jan 2026 | ||
| 1 | Lead | Dec 2016 | ||
| 1 | Participant | Jan 2026 | ||
| 1 | Lead | Feb 2020 | ||
This data is available for Pro users. Sign up to see all 15 BrainCo investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialBrainCo Competitors
BrainCo competitors include listed companies like UBtech Robotics and Stryker, and private ones like Figure, Skild AI, Shield AI and Saronic.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $298M | ($108M) | $5.1B | 9.5x | ||
| Publicly listed | $25B | $6.3B | $107B | 4.5x | ||
| Private | - | - | $39B | - | ||
| Private | $30M | - | $14B | - | ||
| Private | $540M | - | $13B | 23.5x | ||
| Private | $200M | - | $9.3B | 46.3x |
BrainCo Public Comps
BrainCo is still privately-owned, but its public comps include Tesla, Stryker, Unitree Robotics, Zebra, Aurora Innovation, Cognex, Aptiv, Mobileye, Symbotic and UBtech Robotics.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $95B | $10B | 15.0x | 13.8x | 140.8x | 97.4x | |||
| $25B | $6.3B | 4.7x | 4.5x | 18.8x | 15.6x | |||
| $253M | $55M | 118.8x | - | 548.5x | - | |||
| $5.4B | $853M | 3.6x | 3.2x | 22.6x | 13.8x | |||
| $3M | ($786M) | 3957.3x | 1040.1x | (15.1x) | (15.5x) | |||
| $994M | $214M | 10.0x | 9.0x | 46.4x | 31.7x | |||
| $20B | $2.2B | 0.7x | 0.9x | 6.3x | 5.4x | |||
| $1.9B | $140M | 2.8x | 2.7x | 38.5x | 12.3x | |||
This data is available for Pro users. Sign up to see all BrainCo competitors and their valuation data. Start Free Trial | ||||||||
Common questions about BrainCo
| When was BrainCo founded? | BrainCo was founded in 2015. |
| Where is BrainCo headquartered? | BrainCo is headquartered in Boston, MA, United States. |
| Is BrainCo publicly listed? | No, BrainCo is a private, VC-backed company. |
| How much funding has BrainCo raised? | BrainCo has raised $315M across 5 funding rounds. |
| What was BrainCo's last funding round? | BrainCo's last funding round was a $288M undisclosed-stage round in January 2026, led by IDG Capital and Walden International. |
| Who are BrainCo's investors? | BrainCo's investors include Will Semiconductor, IDG Capital, Lens Technology, 37 Interactive Entertainment, Guangdong Dowstone Technology, Range Intelligent, Wandai Capital, Walden International, Huazhu Hotels Group, TAL Education and 5 others. |
| Which companies are comparable to BrainCo? | Companies comparable to BrainCo include UBtech Robotics, Stryker, Figure, Skild AI, Shield AI and Saronic. |
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