Tech Company Financing Transactions
StairMed Funding Round
StairMed, operating out of Shanghai, secured $70 million from Alibaba Group, FountainBridge Capital and Lilly Asia Ventures.
Transaction Overview
Company Name
Announced On
4/2/2026
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate development of its technology platform and clinical programs.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
Unit 1, Building 4, 3rd and 4th Floors, No. 160 Basheng Road
Shanghai, Undisclosed
China
Shanghai, Undisclosed
China
Phone
Website
Email Address
Overview
Shanghai JL Medical Technology Co., Ltd. (hereinafter referred to as JL Medical), established in August 2021 and headquartered in Shanghai, is an innovative technology company focusing on the field of implantable brain-computer interfaces (BCIs). Based on implantable BCI technology, the company is committed to the research and development of neural interfaces (electrodes), the development of implantable BCI platform systems, and the clinical application and transformation of related scientific research results, aiming to achieve motor control, monitoring and regulation of neurological lesions, and sensory restoration. JL Medical also independently develops and manufactures neurophysiological research tools, providing strong support for basic research in brain science and neuroscience. JL Medical adheres to the mission of "becoming a ladder for human progress" and the development vision of "promoting human understanding and cognition of brain science and BCIs," striving to become a worl
Management Team
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