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Beijing Weici Technology
A technology platform for measuring extremely weak magnetic fields
About Beijing Weici Technology
Beijing Weici Technology, also known as X-Magtech, was established in 2020 by founder Bin Cai. The company operates as a technology platform focused on the precise measurement of extremely weak magnetic fields. Its core team possesses over 15 years of experience in fields such as measurement, quantum physics, precision optics, and integrated circuits. Within two years of its inception, the company secured over 200 million yuan in financing. Its latest funding round in July 2024 was a Series A that raised $13.8 million, led by investors including Beijingrobotindustryfund. Key investors in the company include IDG Capital, Yarui Capital, and China Minsheng Bank.
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The firm develops and provides weak magnetic field device solutions, with a significant focus on creating high-end medical equipment for biomagnetic imaging. This positions the company in the diagnostic equipment industry. A primary product is a liquid-free helium magnetocardiography device that detects weak magnetic fields for large-scale cardiovascular functional imaging. The objective is to introduce a non-superconducting magnetic heart scan imager in China to facilitate the early diagnosis of heart disease and the rapid triage of adult chest pain. This technology is also intended for applications such as screening for fetal congenital heart disease.
Beyond cardiovascular applications, Beijing Weici Technology is developing fully integrated, liquid-helium-free magnetoencephalography (MEG) systems. These systems are designed to be a new tool for brain science, brain-computer interfaces, and research into brain diseases. The MEG systems feature high-sensitivity detectors, high-precision background magnetic field control, and system integration with stimulus systems like visual and auditory tools. The company has been involved in significant milestones, including the release of a 256-channel liquid-helium-free MEG system and the installation of a 64-channel version at Beijing Anzhen Hospital. This technology has been used in pioneering surgical procedures, such as for refractory epilepsy and glioma resection, supported by national research and development plans.
At a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- Dongcheng District, China
- Open positions
- None listed
- Dealroom signal
- 19.3/100
- Industry
- Enterprise Software
- Sector
- Other B2B Software
- Business model
- SaaS
- Client focus
- b2b
- Links
- Website
Latest news
Press, funding announcements and product moves mentioning Beijing Weici Technology.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Jun 2026 | $28M | $110M | Cornerstone Capital · Xi'an Zhongke Chuangxing Technology Incubator · Beijing Industrial Investment · Shaanxi Fund | ↗ |
| SERIES A✓Equity / VC | Jul 2024 | $14M | $55M | Yarui Capital (Y&R Capital) · Everest Venture Capital · China Minsheng Bank · Xi'an Zhongke Chuangxing Technology Incubator | ↗ |
Growth signals
Latest recorded traffic for Beijing Weici Technology is 430 monthly website visits, down 35.8% over the last three months.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A11 investors entered at this stage
IDG Capital
Everest Venture Capital
CMBC International
Yarui Capital (Y&R Capital)
Zhongguancun Science Park
China Minsheng Bank
Xi'an Zhongke Chuangxing Technology Incubator
Beijing Zhongguancun Science City Innovation Development- CCCornerstone Capital
- BIBeijing Industrial Investment
- SFShaanxi Fund
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Beijing Weici Technology on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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