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

BrainCo Overview

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

United StatesBoston, MA

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

BrainCo funding rounds
DateStageInvestorsRaisedDeal Summary
Jan 2026Undisclosed stageIDG Capital (lead); Walden International (lead); Will Semiconductor; Lens Technology; Guangdong Dowstone Technology; Range Intelligent; Huazhu Hotels Group; TAL Education; Lingyi itech$288MBrainCo 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 2025Strategic investment37 Interactive Entertainment (lead)$20M-
Feb 2020Series ANorthern Star Partners (lead)$2M-
Dec 2016SeedBoston Angel Club (lead); Wandai Capital; Startupbootcamp; Hantan Capital$6MBrainCo 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 2015Seed-$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

Investors in BrainCo by funding rounds participated
InvestorHQRoundsRoleFirst check
Will SemiconductorChinaShanghai1ParticipantJan 2026
IDG CapitalChinaBeijing1LeadJan 2026
Lens TechnologyChinaHunan1ParticipantJan 2026
37 Interactive EntertainmentChinaShanghai1LeadOct 2025
Guangdong Dowstone TechnologyChinaChina1ParticipantJan 2026
Range IntelligentChinaChina1ParticipantJan 2026
Wandai Capital--1ParticipantDec 2016
Walden InternationalUnited StatesSan Francisco, CA1LeadJan 2026
Huazhu Hotels GroupChinaShanghai1ParticipantJan 2026
TAL EducationChinaBeijing1ParticipantJan 2026
Boston Angel ClubUnited StatesBoston, MA1LeadDec 2016
Lingyi itechChinaGuangdong1ParticipantJan 2026
Northern Star PartnersSouth KoreaSeoul1LeadFeb 2020

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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BrainCo Competitors

BrainCo competitors include listed companies like UBtech Robotics and Stryker, and private ones like Figure, Skild AI, Shield AI and Saronic.

Public and private companies comparable to BrainCo
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
UBtech RoboticsChinaChinaPublicly listed$298M($108M)$5.1B9.5x
StrykerUnited StatesUnited StatesPublicly listed$25B$6.3B$107B4.5x
FigureUnited StatesSan Jose, CAPrivate--$39B-
Skild AIUnited StatesPittsburgh, PAPrivate$30M-$14B-
Shield AIUnited StatesSan Diego, CAPrivate$540M-$13B23.5x
SaronicUnited StatesAustin, TXPrivate$200M-$9.3B46.3x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Tesla$95B$10B15.0x13.8x140.8x97.4x
Stryker$25B$6.3B4.7x4.5x18.8x15.6x
Unitree Robotics$253M$55M118.8x-548.5x-
Zebra$5.4B$853M3.6x3.2x22.6x13.8x
Aurora Innovation$3M($786M)3957.3x1040.1x(15.1x)(15.5x)
Cognex$994M$214M10.0x9.0x46.4x31.7x
Aptiv$20B$2.2B0.7x0.9x6.3x5.4x
Mobileye$1.9B$140M2.8x2.7x38.5x12.3x

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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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