About Zhejiang Norcong Neuroelectronics
Zhejiang Norcong Neuroelectronics is a company based in Hangzhou (China) founded in 2006.. Zhejiang Norcong Neuroelectronics has raised $16.24 million across 3 funding rounds from investors including Qiming Venture Partners and Detong Capital. Zhejiang Norcong Neuroelectronics operates in a competitive market with competitors including ReSound, Olive Union, Phonak, Amplifon and Oticon, among others.
- Headquarter Hangzhou, China
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Sectors
Healthcare
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$16.24 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Qiming Venture Partners
& 1 more
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Employee Count
Employee Count
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Funding Insights of Zhejiang Norcong Neuroelectronics
Zhejiang Norcong Neuroelectronics has successfully raised a total of $16.24M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2020 | Amount | Series B - Zhejiang Norcong Neuroelectronics | Valuation |
investors |
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| Dec, 2013 | Amount | Series A - Zhejiang Norcong Neuroelectronics | Valuation | Detong Capital |
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| Sep, 2011 | Amount | Seed - Zhejiang Norcong Neuroelectronics | Valuation | Qiming Venture Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Zhejiang Norcong Neuroelectronics
Zhejiang Norcong Neuroelectronics has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Qiming Venture Partners and Detong Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward multiple sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Zhejiang Norcong Neuroelectronics
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Zhejiang Norcong Neuroelectronics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Zhejiang Norcong Neuroelectronics Comparisons
Competitors of Zhejiang Norcong Neuroelectronics
Zhejiang Norcong Neuroelectronics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ReSound, Olive Union, Phonak, Amplifon and Oticon, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Smart hearing aids are supplied for people with hearing impairments.
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| domain | founded_year | HQ Location |
Personal sound amplifying products are provided for hearing enhancement.
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| domain | founded_year | HQ Location |
Hearing aids, cochlear implants, and wireless systems are developed online.
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| domain | founded_year | HQ Location |
Hearing aids and accessories are manufactured, distributed, and retailed.
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| domain | founded_year | HQ Location |
Developer and manufacturer of hearing aids
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| domain | founded_year | HQ Location |
Developer and manufacturer of hearing aids
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Zhejiang Norcong Neuroelectronics
Frequently Asked Questions about Zhejiang Norcong Neuroelectronics
When was Zhejiang Norcong Neuroelectronics founded?
Zhejiang Norcong Neuroelectronics was founded in 2006 and raised its 1st funding round 5 years after it was founded.
Where is Zhejiang Norcong Neuroelectronics located?
Zhejiang Norcong Neuroelectronics is headquartered in Hangzhou, China. It is registered at Hangzhou, Zhejiang, China.
Who is the current CEO of Zhejiang Norcong Neuroelectronics?
Chu Li is the current CEO of Zhejiang Norcong Neuroelectronics.
Is Zhejiang Norcong Neuroelectronics a funded company?
Zhejiang Norcong Neuroelectronics is a funded company, having raised a total of $16.24M across 3 funding rounds to date.
What does Zhejiang Norcong Neuroelectronics do?
Zhejiang Norcong Neuroelectronics was founded in 2006 in Hangzhou, China, within the neuroelectronics sector. Multi-channel cochlear implants are developed and manufactured, alongside auditory brainstem implant equipment. Nationalization efforts and clinical applications of these devices are managed. Two speech processors and one implant are featured among the products. Operations emphasize hearing restoration technologies for medical use.
Who are the top competitors of Zhejiang Norcong Neuroelectronics?
Zhejiang Norcong Neuroelectronics's top competitors include Eargo, Advanced Bionics and Widex.
Who are Zhejiang Norcong Neuroelectronics's investors?
Zhejiang Norcong Neuroelectronics has 2 investors. Key investors include Qiming Venture Partners, and Detong Capital.
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