An early investor in Unitree bets on a brain-computer interface company

BCI startup Wabo Technology has closed a new funding round, backed by Sequoia China, Hongtai Fund, Chengdu Future Industry Fund, and Huifengda Capital.

Founded by Tsinghua PhD Zhang Xingzhi, the company focuses on non-invasive brain-computer interfaces and is building a human neural intent model that can generalize across scenarios and users.

Wabo is expanding with dual headquarters in Chengdu and Shanghai, signaling a push from research toward commercial deployment.

The deal reflects growing investor interest in BCI as capital from AI, embodied intelligence, and commercial space sectors flows into the field.