Nanochap raises ¥500M as three blind patients test its retinal implant

Gaorong led the round as Jiawei Yang's Hangzhou company reports three implanted patients and ¥1B raised to date.

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Primary source: Cyzone

Why it matters

Visual restoration is the BCI segment with the clearest patient need and the hardest evidence bar. Nanochap now has ¥1B in cumulative funding, a 320-channel retinal implant in GCP clinical testing and a 1,280-channel cortical program behind it, placing a Chinese company with its own chips, electrodes and packaging in the same race as Science Corporation's CE-marked PRIMA and Neuralink's Blindsight. The open question is evidence: three company-reported patient cases are a start, and published cohort data are what investors and regulators will eventually price.

A gloved hand adjusts a man's dark glasses as a monitor displays an orange circular scan.

Hangzhou-based Nanochap Electronics, co-founded by Jiawei Yang and Nhan Tran, has raised a ¥500 million C+ round to push its visual brain-computer interfaces through clinical testing. Gaorong Ventures led the round, with PICC Equity, Monolith Capital, C&D Emerging, Orient Jiafu, Danhe Capital and Hangzhou Industrial Investment joining, while Legend Capital and other existing investors increased their commitments, according to Cyzone.…

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