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Mindtrix

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Invasive brain-computer interfaces for visual restoration.

Suzhou Shi, ChinaFounded 2024Health Tech & Medtech
Valuation $100–250M Last recorded · 2026
Total funding $10–50M Disclosed equity funding
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About Mindtrix

Mindtrix (明视脑机) is a Chinese company specializing in invasive brain-computer interface (BCI) technology aimed at restoring vision for the blind. The company's core focus is on developing implantable devices that bypass damaged eyes or optic nerves and directly transmit electrical signals to the brain's visual cortex, thereby reconstructing functional vision for patients. In addition to visual restoration, Mindtrix is also exploring applications in motor control and plans to expand into areas like humanoid robotics and military applications.

The company was founded by a PhD graduate from a top overseas BCI laboratory and has a founding team of six individuals with expertise in neuroscience, electronic engineering, computer science, and bioengineering. The CEO, Liu Bing, has expressed the team's mission as "restarting the light of life through an engineering path." Mindtrix has established a presence in both Beijing and Shanghai.

Since its inception, Mindtrix has achieved significant technical milestones. In November 2025, it completed the world's first functional interactive verification of visual reconstruction involving complex graphics and multiple colors. This was followed in February 2026 by the first quantitative encoding and reconstruction of grayscale information in China, a key step toward achieving realistic functional vision.

The company has secured substantial financial backing, completing a series of angel financing rounds totaling 150 million yuan (approximately $20.7 million USD) by April 2026. This funding round attracted numerous investment institutions, including CASC-STAR, Lingyi Investment, and Hyfinity. The capital is designated for accelerating the transition of its BCI technology into a clinically verifiable product and preparing for medical device registration and clinical trials. Mindtrix is recognized as the first company in China to complete human verification for a visual reconstruction BCI.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2024
Headquarters
Suzhou Shi, China
Open positions
None listed
Dealroom signal
18.0/100
Industry
Health
Sub-industry
Medical Devices
Sector
Health Tech & Medtech, Ophthalmology, medical implants, Brain Computer Interfaces
Business model
Manufacturing
Client focus
b2b
Links
Website

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEED✓Equity / VC Apr 2026 $21M $83M Rising Investments · Hengxu Capital · Haibei Capital · Delian Capital ↗
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Investments and acquisitions

Capital deployed

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

Investors

7 investors on the cap table

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

Seed7 investors entered at this stage

  • Rising Investments
  • Hengxu Capital
  • Haibei Capital
  • Delian Capital
  • Xi'an Zhongke Chuangxing Technology Incubator
  • Honghui Fund
  • Huafang Capital
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Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China · Suzhou Shi HQ
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Market sentiment

Posts on X, past 7 days

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