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- NeuroXess
NeuroXess Valuation, Funding & Investors
NeuroXess is valued at $47M as of January 2022.
Last NeuroXess valuation
$47M
Angel · Jan 2022
Last NeuroXess funding round
$105M
Series B · Oct 2026
Cumulative funding NeuroXess raised
$120M
across 2 funding rounds
Key investors in NeuroXess
IDG Capital
HSG
Shenzhen Capital Group
Yonghua Capital
Co-Stone Venture Capital
New Alliance Capital
About NeuroXess
NeuroXess is a China-headquartered provider of brain-computer interface hardware for neuroscience research. Its wireless neural acquisition systems feature 256-channel amplifiers and flexible cortical electrodes compatible with epilepsy monitoring and BCI decoding. NeuroXess supplies kits to Tsinghua University labs and offers MATLAB-based analysis software for stroke rehab protocols.
Founded
2021
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Valuation
$47M (Jan 2022)
NeuroXess Valuation
NeuroXess is currently valued at $47M, based on its angel round in January 2022.
The $15M round was led by HSG and Shanda Capital, with participation from New Alliance Capital and Yonghua Capital.
NeuroXess valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jan 2022 | Angel | $47M |
NeuroXess Funding History
NeuroXess has raised a total of $120M across 2 funding rounds.
NeuroXess' first fundraising round was a $15M angel round in January 2022. The most recent completed round was a $105M Series B in October 2026.
NeuroXess funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Oct 2026 | Series B | SDIC Unity Capital (lead); Shenzhen Capital Group (lead); TriWise Capital (lead); IDG Capital; ZWC Partners; China Fortune-Tech Capital; Zhongping Capital; Xichen Capital; Co-Stone Venture Capital; Huafu Securities Co., Ltd.; Shanda Group; Huangpu Biomedicine Industry Investment Fund Management | $105M | - | NeuroXess raised RMB 700 million in a Series B round announced on 28 October 2026, co-led by SDIC Unity Capital, Shenzhen Capital Group and TriWise Capital. A long list of further investors took part, including China Fortune-Tech Capital, Co-Stone Venture Capital, Shanda Group, Xichen Capital, IDG Capital and Junxi Capital. The round coincided with the company's implantable brain-computer interface system entering a registration clinical trial. NeuroXess develops implantable flexible brain-computer interfaces and has built the whole chain from hardware to decoding algorithms in-house. Its system is aimed at patients with ALS, high-level paraplegia and stroke, to restore movement and speech. The company was founded in 2021 by chief scientist Dr Tao Hu and is headquartered in Shanghai, with a chip design base in Hengqin, a production site in the Ganjiang New Area in Jiangxi and a Hong Kong arm for overseas markets. It previously raised an angel and Pre-A round in 2022 and a Series A of several hundred million yuan in December 2022. |
| Jan 2022 | Angel | HSG (lead); Shanda Capital (lead); New Alliance Capital; Yonghua Capital | $15M | $47M | NeuroXess raised $13.9 million in a Series A round on December 28, 2022, from investors including HongShan (HSG), New Alliance Capital, Shanda Capital, Zhongping Capital, Boyi Equity Investment, GS Capital, Light Silver Capital, and Sailing Capital. NeuroXess has raised a total of $29.12 million across three rounds, including prior Seed VC and Angel rounds. |
Who has invested in NeuroXess?
16 investors have backed NeuroXess across its funding rounds, including IDG Capital, HSG, Shenzhen Capital Group, Yonghua Capital, Co-Stone Venture Capital and New Alliance Capital.
Lead investors include SDIC Unity Capital, Shenzhen Capital Group, TriWise Capital, HSG and Shanda Capital.
NeuroXess Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Oct 2026 | ||
| 1 | Lead | Oct 2026 | ||
| 1 | Participant | Oct 2026 | ||
| 1 | Participant | Oct 2026 | ||
| 1 | Participant | Jan 2022 | ||
| 1 | Lead | Jan 2022 | ||
| 1 | Participant | Oct 2026 | ||
| 1 | Participant | Oct 2026 | ||
| 1 | Participant | Oct 2026 | ||
| 1 | Lead | Oct 2026 | ||
| 1 | Participant | Oct 2026 | ||
| 1 | Participant | Oct 2026 | ||
| 1 | Lead | Oct 2026 | ||
This data is available for Pro users. Sign up to see all 16 NeuroXess 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 TrialNeuroXess Competitors
NeuroXess competitors include listed companies like Biohit and AnteoTech, and private ones like Lab n People, iSTAR Medical, Xcell Biosciences and Hilo.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $57M | - | ||
| Publicly listed | $18M | $4M | $37M | 1.9x | ||
| Publicly listed | $324K | ($3M) | $36M | 14.6x | ||
| Private | - | - | $47M | - | ||
| Private | - | - | $47M | - | ||
| Private | - | - | $48M | - |
NeuroXess Public Comps
NeuroXess is still privately-owned, but its public comps include Sensus Healthcare, Svas Biosana, Myomo, Spectral AI, Singular Health, K Pharma, Daxor, Renalytix, Osang Healthcare and Ceretas.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $27M | ($10M) | 1.2x | 1.6x | (3.3x) | (3.4x) | |||
| $159M | $21M | 0.7x | 0.7x | 5.1x | 5.1x | |||
| $41M | ($13M) | 1.3x | 1.2x | (4.3x) | (8.1x) | |||
| $20M | ($5M) | 2.6x | 2.7x | (11.1x) | - | |||
| $990K | ($5M) | 42.1x | 20.8x | (9.0x) | (15.7x) | |||
| - | ($6M) | - | - | (6.5x) | - | |||
| $10M | - | 4.8x | 5.5x | - | - | |||
| $3M | ($21M) | 18.0x | 18.0x | (2.5x) | - | |||
This data is available for Pro users. Sign up to see all NeuroXess competitors and their valuation data. Start Free Trial | ||||||||
Common questions about NeuroXess
| When was NeuroXess founded? | NeuroXess was founded in 2021. |
| Where is NeuroXess headquartered? | NeuroXess is headquartered in Guangzhou, China. |
| Is NeuroXess publicly listed? | No, NeuroXess is a private, VC-backed company. |
| What is NeuroXess' valuation? | NeuroXess was last valued at $47M in its angel round in January 2022. |
| How much funding has NeuroXess raised? | NeuroXess has raised $120M across 2 funding rounds. |
| What was NeuroXess' last funding round? | NeuroXess' last funding round was a $105M Series B in October 2026, led by SDIC Unity Capital, Shenzhen Capital Group and TriWise Capital. |
| Who are NeuroXess' investors? | NeuroXess' investors include IDG Capital, SDIC Unity Capital, ZWC Partners, China Fortune-Tech Capital, New Alliance Capital, Shanda Capital, Zhongping Capital, Xichen Capital, Co-Stone Venture Capital, Shenzhen Capital Group and 6 others. |
| Which companies are comparable to NeuroXess? | Companies comparable to NeuroXess include Lab n People, Biohit, AnteoTech, iSTAR Medical, Xcell Biosciences and Hilo. |
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