China Neuralink Rival Seeks Pre-IPO Funds at $1.3 Billion Value [Yahoo! Finance Canada]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: Yahoo! Finance Canada
Most Read from Bloomberg The company founded in 2015 by Harvard alumnus Han Bicheng is in negotiations to secure about $100 million in pre-IPO financing, people familiar with the matter said. The startup has begun preparing documents for a market debut, though it hasn't decided on venue or other details, the people said, asking to remain anonymous discussing private plans. BrainCo, or Zhejiang Qiangnao Technology Co., is one of “Six Little Dragons” that garnered acclaim this year as among the country's most advanced technology innovators. Based in the affluent eastern city of Hangzhou like fellow dragon DeepSeek and e-commerce leader Alibaba Group Holding Ltd., BrainCo is developing bionic limbs and technologies for human brains to control computers. It isn't the only fledgling Chinese firm hoping to take on Neuralink. Earlier this year, Shanghai StairMed Technology raised 350 million yuan ($48.7 million) in Series B funding and launched the country's first clinical trial for i
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