The brain-computer interface is “boiling”!
On March fifth, in the federal government work report launched on the Fourth Session of the 14th National People’s Congress, it was clearly said that in 2026, China will domesticate and strengthen rising industries and future industries, and particularly named the brain-computer interface as one of many future industries to be supported. This assertion locations the brain-computer interface on the forefront of the nation’s strategic rising industries, and it’s anticipated to obtain extra coverage help and useful resource funding to promote its technological innovation and industrialization course of.
Affected by this, the shares of brain-computer interface idea within the Hong Kong inventory market rose throughout the board, with the very best enhance even exceeding 20%, repeating the grand event of the primary A-share buying and selling day firstly of this 12 months. At that point, affected by Elon Musk’s announcement that his firm Neuralink will mass-produce brain-computer interface gadgets in 2026, home brain-computer interface idea shares soared collectively.
Of course, idea shares are simply idea shares. There remains to be no “real” brain-computer interface listed firm globally. However, firstly of this 12 months, two main home brain-computer interface firms successively introduced their plans to go public. With the sturdy help of present insurance policies, the potential of China getting the world’s “first brain-computer interface stock” is rising sharply.
During the German Chancellor’s go to, Hangzhou’s “Six Little Dragons” – Strong Brain Technology rushes for IPO on the Hong Kong Stock Exchange
Strong Brain Technology was the primary to unfold IPO rumors. At the top of January, in accordance to media studies, Strong Brain Technology submitted an IPO software to the Hong Kong Stock Exchange in a confidential type. Before that, this firm, one in all Hangzhou’s “Six Little Dragons”, had simply accomplished an enormous financing of two billion yuan, breaking the home financing report within the brain-computer interface subject.
Even globally, this financing of Strong Brain Technology is sort of outstanding. It is the second-largest financing within the brain-computer interface subject after Neuralink.
Public info reveals that since its institution in 2015, Strong Brain Technology has accomplished six rounds of financing. It accomplished the angel spherical and Pre-A spherical of financing in 2016, after which accomplished the A spherical of financing in 2019, pushing the corporate’s valuation to 400 million US {dollars}. Since 2025, the idea of brain-computer interface has change into extraordinarily common, and Strong Brain Technology accomplished financing constantly in a brief time period, changing into one of many largest beneficiaries of this wave of brain-computer interface fever in China.
On February twenty sixth, throughout the go to of German Chancellor Merz to China and his keep in Hangzhou, Strong Brain Technology was additionally invited to attend as a consultant enterprise within the brain-computer interface subject, which was fairly prestigious.
As a consultant of non-invasive brain-computer interfaces in China and the primary Chinese crew chosen into the Harvard Innovation Lab, the answer of Strong Brain Technology additionally represents the earlier selection course in China.
At that point, the maturity of brain-computer interface know-how was restricted, and there was no profitable precedent of implanting invasive brain-computer interfaces like Neuralink. Generally, the acceptance of invasive brain-computer interfaces was restricted. Non-invasive brain-computer interfaces can gather electroencephalogram alerts by head-mounted gadgets or physique floor sensors, avoiding the chance of craniotomy, so it was cheap for it to change into the primary selection at the moment.
Strong Brain Technology’s multi-functional sleep assist gadget (Picture from the official web site of Strong Brain Technology)
In comparability, the technical threshold of non-invasive brain-computer interfaces is comparatively low, and it has a robust shopper attribute. Currently, Strong Brain Technology’s non-invasive brain-computer interfaces are broadly utilized in a number of fields similar to medical rehabilitation, well being administration, and schooling. However, its software in medication primarily focuses on bettering sleep, decreasing stress, and a focus coaching, with a comparatively apparent shopper well being attribute.
In addition, Strong Brain Technology has additional expanded the applying situations of brain-computer interfaces. Since its institution, it has constantly developed clever bionic palms and clever decrease limbs and has obtained FDA certification. Through years of accumulation, it has achieved technological breakthroughs on this subject and efficiently developed the world’s first mass-produced intuitive management clever bionic hand final 12 months.
Strong Brain Technology’s clever bionic hand (Picture from the official web site of Strong Brain Technology)
In the promotional video, Strong Brain Technology’s merchandise cannot solely simply decide up after which crush an egg with nice power but additionally immediately change to a delicate mode to decide up the delicate eggshell. The complete course of doesn’t require guide intervention and is totally accomplished autonomously by the power management of the tactile bionic hand, exhibiting that it has operational flexibility comparable to that of people.
From the video, Strong Brain Technology’s clever bionic hand can precisely seize the consumer’s electromyographic and neural alerts, understand the coordinated operation of 5 fingers, and assist higher limb disabled individuals regain high-quality motor potential.
Strong Brain Technology hopes that its brain-computer interface can enhance the situations of 10 million sufferers affected by mind illnesses similar to autism, ADHD, Alzheimer’s illness, and insomnia. In the following 5 – 10 years, it goals to assist 1 million limb – disabled individuals restore their day by day lives by carrying neuro – managed prostheses. It additionally hopes that abnormal individuals can instantly work together with the world by mind – laptop interface gadgets with their minds and expertise the way forward for human – machine integration.
Currently, Strong Brain Technology’s merchandise have been broadly launched and have achieved massive – scale income. Considering that almost all mind – laptop interface firms are nonetheless within the medical stage, this undoubtedly provides extra chips to its IPO.
Compared with invasive mind – laptop interfaces, non – invasive mind – laptop interfaces clearly have inherent deficiencies in receiving mind alerts. Under the present technical situations, the well being capabilities it will probably obtain are comparatively restricted. In the just lately launched the primary home “Expert Consensus on the Clinical Application of Non – Invasive Brain – Computer Interfaces in Neural Rehabilitation”, solely the applying situation of “brain – computer interface combined with functional electrical stimulation or rehabilitation robots for the treatment of moderate to severe upper limb motor dysfunction after stroke” has apparent advantages, and it is suggested to be carried out routinely. It is price noting that that is precisely the sector the place Strong Brain Technology’s clever bionic hand can play a job.
However, exactly as a result of the applying threshold just isn’t excessive, it has broad software potential within the shopper subject. If it may be mixed with particular software situations (similar to mind – laptop interface + clever prosthetics), its worth shouldn’t be underestimated. In addition, with the continual improvement of know-how, as soon as non – invasive mind – laptop interfaces break by the edge in mind sign reception, the long run is promising.
The first implantation of a mind – laptop interface, Borui Kang’s IPO on the Science and Technology Innovation Board showcases its “hard – tech” content material
Following Strong Brain Technology, Borui Kang, a number one home firm in invasive mind – laptop interfaces, additionally submitted an IPO counseling report to the Shanghai Securities Regulatory Bureau firstly of February.
Different from non – invasive mind – laptop interfaces, each semi – invasive and invasive mind – laptop interfaces require invasive surgical procedures on the mind for implantation, that are extraordinarily dangerous and require a excessive technical threshold. It is simply previously one or two years that these two varieties of mind – laptop interfaces have achieved vital breakthroughs.
Borui Kang is likely one of the main home firms in invasive mind – laptop interfaces and was established as early as 2011. Its core founders are from the Tsinghua University Neural Engineering Laboratory, which ranks among the many high on the earth within the subject of mind – laptop interfaces.
According to public info, Borui Kang has sturdy R & D capabilities. It has obtained 17 technical patents and 9 software program copyrights, and has undertaken or participated within the “Weak Information Collection Technology and Product Development in Brain – Computer Interfaces” challenge of the twelfth Five – Year Plan for Science and Technology Support of the state and the “Key Technologies and Clinical Application Research on Neural Regulation and Intelligent Rehabilitation of Alzheimer’s Disease” challenge of the thirteenth Five – Year Plan for Key R & D of the Ministry of Science and Technology.
However, what actually made Borui Kang nicely – recognized was in 2023. In October of that 12 months, its mind – laptop interface product NEO accomplished the primary implantation at Xuanwu Hospital of Capital Medical University. A affected person who had been paralyzed in all 4 limbs for greater than a decade was ready to seize a water bottle with “intention” and drink water independently after the surgical procedure. This can also be thought-about the world’s first wi-fi minimally invasive mind – laptop interface implantation.
Different from Nueralink, Borui Kang’s system belongs to a semi – invasive mind – laptop interface. Its electrodes are positioned on the dura mater between the cranium and the cerebral cortex. This answer hopes to steadiness the efficiency and trauma of the mind – laptop interface. Although the sign assortment is inferior to that of totally invasive interfaces, it solely requires minimally invasive surgical procedure and doesn’t harm mind cells. At the identical time, the implant will also be powered wirelessly by an exterior gadget, reaching a steadiness between minimally invasive and lengthy – time period use.
In the primary implantation at Xuanwu Hospital, the affected person was discharged dwelling 10 days after the surgical procedure.
Subsequently, Borui Kang successively carried out feasibility assessments at Beijing Tiantan Hospital, Shanghai Huashan Hospital, Jiangsu Provincial People’s Hospital, and so forth., and achieved outstanding outcomes. As of December 2025, 32 sufferers with cervical spinal twine accidents had accomplished the NEO implantation surgical procedure in 11 hospitals throughout the nation. According to the knowledge disclosed at its medical trial abstract assembly, all sufferers efficiently achieved dwelling – based mostly mind – managed greedy help and rehabilitation coaching, reaching 100% compliance on the principal medical endpoints.
Borui Kang’s independently developed NeuroHUB multi – modal analysis platform (Picture from the official web site of Borui Kang)
In August 2024, Borui Kang’s “implantable brain acquisition and stimulation system” entered the particular evaluate course of for progressive medical gadgets of the National Medical Products Administration, changing into the primary mind – laptop interface product in China to enter this course of. In addition, Borui Kang’s transcranial electrical stimulator and electroencephalograph have additionally obtained medical gadget registration certificates, that are primarily used for neural regulation, rehabilitation therapy help, and mind operate monitoring and analysis.
The merchandise cannot solely be broadly utilized in scientific analysis fields similar to neuroscience, psychology, human elements engineering, kinematics, and administration but additionally in medical medical fields similar to medical neurological illness analysis, therapy, and rehabilitation engineering. The R & D achievements and technical power have been well known by specialists within the fields of home and worldwide neural engineering and medical medication.
As a star enterprise in invasive mind – laptop interfaces in China, Borui Kang has all the time been favored by the capital market. In December 2015, Borui Kang accomplished an angel spherical of financing of 12 million yuan, being one of many early home mind – laptop interface firms to full financing. In March 2018, it accomplished a Pre – A spherical of financing of 30 million yuan. After that, Borui Kang successively accomplished a number of rounds of financing, and nicely – recognized establishments similar to Sequoia Capital China, Songhe Capital, Huakong Fund, Pudong Venture Capital, and Baidu Ventures have joined.
In 2025, Borui Kang was rumored to have accomplished a D + spherical of financing, with a submit – funding valuation reaching 3.5 – 4 billion yuan. After that, Borui Kang submitted an software for itemizing counseling, aiming on the Science and Technology Innovation Board.
Generally talking, the Science and Technology Innovation Board requires enterprises to have core applied sciences with impartial mental property rights, and the corresponding rules that the applied sciences are on the worldwide or home main stage make it the primary selection for “hard – tech” enterprises to go public at current. Borui Kang’s selection to try for itemizing on the Science and Technology Innovation Board could, to a sure extent, additionally signify its confidence in its technical power.
The “Two Sessions” set the tone for one of many future industries, and a report – breaking funding growth is coming
The rush for IPOs by Strong Brain Technology and Borui Kang has added one other hearth to the already sizzling home mind – laptop interface market.
Public info reveals that previously one or two years, the first market within the mind – laptop interface subject has change into more and more common. In 2025, there have been a complete of 26 financing occasions within the mind – laptop interface subject, with a complete financing quantity of 1.778 billion yuan. Among them, there have been greater than 6 financing occasions with an quantity exceeding 100 million yuan, and the financing quantity report has been constantly refreshed. Compared with the 7 financing occasions and a financing scale of 230 million yuan in 2024, there was a big enhance.
Since the start of this 12 months, affected by varied favorable elements, the passion within the major market of the mind – laptop interface has not diminished. According to incomplete statistics, in simply over two months firstly of the 12 months, 10 financing occasions have been accomplished within the home mind – laptop interface subject, and the financing quantities are usually massive. According to this pattern, the annual financing scale is anticipated to attain a brand new historic excessive.
Incomplete statistics of home mind – laptop interface financing occasions in 2026
In addition to the speedy progress in financing, the mind – laptop interface has additionally acquired sturdy help from insurance policies. On January 1, 2026, the “Terminology for Medical Devices Using Brain – Computer Interface Technology” formally got here into impact. This commonplace, formulated within the second half of 2025, is China’s first mind – laptop interface medical gadget commonplace, which can lay the muse for the excessive – high quality improvement of the mind – laptop interface medical gadget business.
On this foundation, the National Medical Products Administration has additionally issued an announcement, figuring out the formulation plans for 2 advisable medical gadget business requirements: “Reliability Verification Method for Invasive Devices of Medical Devices Using Brain – Computer Interface Technology” and “Paradigm Design and Application Specification for Medical Devices Using Brain – Computer Interface Technology: Motor Function Reconstruction”.
On March 2nd, the Ministry of Science and Technology, the Financial Regulatory Administration, the Ministry of Industry and Information Technology, and the National Intellectual Property Administration collectively issued the ‘Several Opinions on Accelerating the High – Quality Development of Science and Technology Insurance to Strongly Support High – Level Scientific and Technological Self – Reliance and Self – Improvement’, guiding insurance coverage funds to put money into the sector of scientific and technological innovation, and clearly encouraging the event of unique science and know-how insurance coverage merchandise in fields similar to mind – laptop interfaces and synthetic intelligence, and establishing a particular danger reserve system. This coverage association is interpreted by the business as “the state pays for the capital’s trial – and – error” – permitting buyers to dare to guess on applied sciences which will fail however will change the world as soon as profitable.
Of course, what has attracted essentially the most consideration is that on the Fourth Session of the 14th National People’s Congress just lately, the mind – laptop interface was written into the federal government work report once more and was clearly listed as one of many future industries to be cultivated and developed for the primary time, rating alongside quantum know-how and embodied intelligence. This supplies the very best – stage coverage endorsement for the whole business, indicating that the state will enhance its efforts in scientific and technological analysis and industrial help on this subject.
These helps are essential for selling the event of the home mind – laptop interface business and