Tech Company Financing Transactions
Axoft Funding Round
Alumni Ventures, Gaorong Capital and Hillhouse Capital Group invested in a $55 million Series A funding round for Axoft. The round closed on 4/29/2026.
Transaction Overview
Company Name
Announced On
4/29/2026
Transaction Type
Venture Equity
Amount
$55,000,000
Round
Series A
Proceeds Purpose
Axoft will use the capital to expand its current clinical trials globally and progress U.S. regulatory approval of its implantable Brain-Computer Interfaces (iBCIs), which have already demonstrated the ability to safely decode brain signals, and offer a path for improving the standard of care for prognosis and communication in disorders of consciousness.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
501 Massachusetts Ave
Cambridge, MA MA
USA
Cambridge, MA MA
USA
Phone
Undisclosed
Website
Email Address
Overview
Axoft's bioinspired, scalable implant promotes long-term communication with the nervous system -- transforming clinical outcomes, individual health, and the human experience.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Paul Floch
Chief Technical Officer
Tianyang Ye
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