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Story summary
- Dowstone Technology invested $30 million in BrainCo, increasing its stock by 11.6%.
- BrainCo, part of Hangzhou's "Six Little Dragons," focuses on commercializing non-invasive brain-computer interfaces and bionic limbs.
- The investment supports Dowstone's strategy to enhance carbon materials in emerging industries, despite a 41.39% decrease in R&D spending this year.
- Since 2015, BrainCo has raised over $1 billion and may be valued at $5 billion.
