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BrainHealth

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Tumor-treating fields technology for various brain cancers

Wuxi, ChinaFounded 2016Health Tech & Medtech
Valuation $250–500M Last recorded · 2021
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for BrainHealth and the history behind them.

About BrainHealth

Jiangsu Hilexin Medical Technology Co., Ltd., also known as BrainHealth, is a medical device company established in December 2016 by founder and CEO Huang Yong. The company specializes in the development and industrialization of Tumor Treating Fields (TTF) technology, a physical therapy method for treating solid tumors. Hilexin is recognized as the first company in China and the second globally to successfully commercialize this technology and advance it to the registered clinical trial stage.

The firm's primary business involves the research, development, and production of Class III medical devices. Its core technology uses alternating electrical fields to specifically inhibit the division of cancer cells with minimal impact on healthy cells. Hilexin has developed a product pipeline targeting several difficult-to-treat cancers, including glioblastoma (GBM), pancreatic cancer, non-small cell lung cancer, and ovarian cancer. A key feature of its products is the proprietary flexible electrode technology, which is significantly thinner and lighter than traditional ceramic electrodes while offering superior functionality. The company has also been a pioneer in incorporating real-time temperature control into the TTF field.

Headquartered in Wuxi, Jiangsu, the company operates in the Chinese MedTech market, serving patients and collaborating with healthcare professionals. Hilexin has established strategic partnerships with major pharmaceutical companies like AstraZeneca and BeiGene to conduct a range of clinical trials. The business model focuses on making TTF therapy more accessible and affordable for patients in China. The company generates revenue through the sale of its medical devices and has attracted significant investment to fund its clinical trials and product development. It has completed multiple funding rounds, including a Series C round of 500 million RMB in May 2021, with investors such as Yunfeng Capital, Temasek, and Hillhouse Capital.

Source: Dealroom company data

At a glance

Status
Closed
Founded
2016
Headquarters
Wuxi, China
Employees
4
Open positions
None listed
Dealroom signal
0.0/100
Industry
Health
Sub-industry
Medical Devices
Sector
Health Tech & Medtech, Oncology, Neurology, Hard Tech, DT and LS, science-based
Technology
Deep Tech
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES COther financing Jun 2021 $64M $254M Qiming Venture Partners —
FundingOther financing Jan 2020 $0 — Proxima Ventures ↗
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Growth signals

BrainHealth website traffic

Latest recorded traffic for BrainHealth is 950 monthly website visits, up 458.8% over the last three months. BrainHealth's team grew 0% over the past year.

Latest monthly visits950 3-month web change+458.8% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later1 investor entered at this stage

Other known investors1 additional known investor

  • Proxima Ventures
Employees 4 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇨🇳 China100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about BrainHealth on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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