Wabo Technology Co., Ltd. recently announced the completion of its angel round of financing, featuring a notably prestigious lineup of investors. Participants include Vertex Ventures, under Singapore's Temasek; Chengdu Future Industry Fund, operated by Chengdu Science and Technology Innovation Investment Group under the Chengdu Industrial Investment Group; Hongtai Fund; and Huifengda Capital. Among them, Vertex Ventures is the investor known for successfully betting on the humanoid robot company Yushu Technology Co.,Ltd., gaining significant recognition in the industry.

Why now, and why Wabo Technology? In 2026, the term "brain-computer interface" (BCI) was first included in the Chinese government work report, being explicitly designated as one of six key future industries for national development. During the first half of 2026, 47 financing events occurred in the domestic BCI field, with disclosed amounts exceeding 5.38 billion yuan, accounting for nearly 60% of the total historical cumulative financing. The acceleration of this sector has become a consensus. However, the answer provided by Wabo Technology's founder, Zhang Xingzhi, looks deeper than the market trend itself. He stated, "We are not starting from a single product to piece together a model story. Instead, we are connecting the real world using consumer-grade neural interfaces. Within the closed loop of 'acquisition, governance, training, inference, control, and feedback,' we continuously build a model of human neural intent." In other words, Wabo Technology is not just crafting a sharper tool; it is teaching machines how to understand the unspoken thoughts within people's minds.

Outsiders have previously used the term "OPC" (One Person Company) to summarize Wabo Technology's early organizational structure, where five core members, assisted by 16 AI agents, achieved the research and development output of a traditional 30-person team. Zhang Xingzhi, however, maintains a clear perspective. "OPC is more like a label placed on Wabo Technology's early high-efficiency state by outsiders, not the company's ultimate organizational form." In his view, the real goal is to build an AI-native professional organization: one that transmits information with minimal redundancy, enabling deep collaboration between humans and AI, while ensuring that scientific judgment, engineering quality, data compliance, and operational responsibility are always shouldered by specific individuals.

This clarity drives Wabo Technology to maintain its core logic even as it expands its organization. On the product front, the company has planned two hardware products, "Lingxi" and "Dreamweaver," but Zhang Xingzhi emphasizes a seemingly contradictory point: Wabo Technology is not a hardware company. "We are not moving away from hardware; we are putting hardware back into its correct position within the entire technology system," he said. "Hardware addresses the question of 'whether a signal can be obtained,' while the neural intent model solves the question of 'whether the machine can understand what a person wants to do under a specific task, and when to confirm, correct, pause, or take over.' The latter determines how far BCI can go."

This judgment stems from his observation of industry pain points. Currently, most BCI devices can only perform simple attention detection or label-based recognition, such as "Are you thinking left or right?" But in the real world, human intent extends far beyond binary choices. For example, when piloting a drone, you not only need to tell it to "fly forward," but also to promptly "correct the course" when an obstacle is detected, or even "pause" or "take over" in an emergency. These subtle, continuous changes in intent are the true targets that BCI needs to decode.

This logic sets Wabo Technology on a distinct path. While most BCI companies are focused on invasive implants requiring "craniotomies," Wabo chooses to use consumer-grade terminals to build data entry points and the neural intent model to establish its technological moat. "Products are very important to us, but products are not the endpoint of the story," Zhang Xingzhi said. "They create user value and business revenue, and they also serve as the entry point for scaling neural data, continuously validating the model, and receiving real-world feedback. As the number of users, tasks, and scenarios increases, the model's generalization capability across users, devices, and scenarios will grow stronger."

Wabo Technology's strategic positioning quickly gained market validation. Although the company was founded recently, it has already made a name for itself. In June 2026, at the "Creating the Future" 2026 Entrepreneurship Competition's Sichuan selection round, its project, "A New Generation of BCI Terminal + Brain-Controlled Everything Based on Ascend Computing Power," won the championship in the "Scientific and Technological Achievements + Entrepreneurship Projects" category. It will represent Sichuan Province in the national competition. Shortly after, the project also won the championship in the angel group at the Yangtze River Delta Juju Tech Innovation Competition's Neural Technology Special Competition.

Behind these accolades lies a coordinated dual-headquarters layout in Chengdu and Shanghai. Chengdu primarily handles hardware R&D, supply chain, product engineering, delivery, and large-scale application scenarios; Shanghai, leveraging the "Brain Intelligence World" in Minhang District and the scientific research and medical resources of the Yangtze River Delta, focuses on advancing neural intent models, high-end R&D, and industry-university-medical collaboration. "For Wabo Technology, Chengdu is not simply a place of registration; it's the foundation for engineering and scaling capabilities," Zhang Xingzhi noted. Chengdu boasts a complete electronic information industry base, a strong supply of software and hardware talent, capabilities in supply chain and manufacturing collaboration, and support from local capital and industrial policies. The two cities are not substitutes for each other; rather, they connect engineering capabilities with cutting-edge scientific capabilities.

The efficiency of this dual-city synergy is also reflected in the company's financing pace. Having been in operation for less than five months, the company completed its seed round financing, led by Ceyuan Capital, and nearly simultaneously launched its angel round. Zhang Xingzhi revealed a detail: to seize the window for this financing round, one investment institution even brought its entire post-investment and risk management teams to Wabo's site, completing due diligence and making a decision within a week.

Why are top-tier capital firms so "eager"? In his view, investors are not focused on a single product yet to be launched; they are assessing whether Wabo Technology can establish a complete capability chain, from neural signal acquisition and data governance to model training and feedback from the physical world. Meanwhile, positive signals from the policy level are also endorsing this path. Sichuan Province pioneered the first provincial-level classification and pricing standard for BCI medical services. Zhang Xingzhi sees this as an important institutional signal. "BCI is beginning to transition from a scientific research concept to a service language that can be recognized, evaluated, and used by hospitals." He also draws a clear boundary: "Consumer-grade and medical-grade applications will maintain a distinct separation. Our goal is not to use policy concepts for short-term marketing, but to ensure that consumer-grade data entry points, scientific research validation, and future medical applications are each compliant, while remaining continuously linked within a unified scientific framework."