C&D Emerging Industry InvestmentMonolithPICC EquityGaorong Ventures
Description
Nanochap, a Hangzhou-based brain-computer interface developer, announced RMB 500 million in Series C+ funding on November 3, 2026. Gaorong Ventures led the round with participation from PICC Equity, Monolith, and C&D Emerging Industry Investment. The financing marks Nanochap's second funding round this year and brings cumulative funding to RMB 1 billion. The company develops neural chips and implant systems for vision restoration, with its 320-channel retinal interface currently in clinical trials.
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Company Information
Company
Nanochap
Location
Hangzhou City, Zhejiang, China
About
Nanochap is a Hangzhou-based developer of brain-computer interfaces for vision restoration. The company develops neural chips and implant systems through two approaches: stimulating the retina and targeting the brain's visual cortex. Its 320-channel retinal interface has entered clinical trials with three participants receiving implants. A separate 1,280-channel visual-cortex interface remains under development with clinical validation planned.
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