
Image credit: The Chosun Daily
Shanghai-based NeuroXess announced a RMB 700 million (approximately US$105M) Series B financing on October 28, led jointly by SDIC Juli, Shenzhen Capital Group and Qinzhi Capital. The company plans to use the proceeds for multicenter registration trials of its fully implanted wireless brain-computer interface, regulatory submissions, manufacturing expansion and further product development. Its registration trial began at Huashan Hospital on July 7, with the latest announcement describing participation by nearly 20 hospitals.
The financing addresses the transition from experimental implants to reproducible clinical deployment and production. Entry into China’s innovative-device special review procedure, announced in July, is a regulatory development pathway rather than authorization for commercial sale.














