Cornerstone Robotics, an innovative surgical robot developer based in Shenzhen, has reportedly raised over RMB 500 million (USD 68.2 million) in a Series C financing round. This significant funding round was led by EQT Partners and included contributions from a prestigious group of investors, such as Qiming Venture Partners, Alpha JWC Ventures, Innovation and Technology Venture Fund, eGarden Ventures, Tsing Song Capital, K2VC, and LONG-Z, among others.
Funding and Future Plans
The proceeds from this financing round will be used to accelerate the commercialization of Cornerstone Robotics’ existing products, develop new surgical robots, conduct clinical trials, and expand global business development and partnerships. This strategic use of funds is aimed at enhancing the company’s market position and driving innovation in the field of surgical robotics.
Partnerships and Market Reach
Cornerstone Robotics has established partnerships with a number of top-tier medical centers in mainland China, Hong Kong, and Europe. These strategic alliances are crucial for the company’s growth and will facilitate the integration of its advanced surgical robots into clinical settings, thereby improving surgical outcomes and patient care.-Fineline Info & Tech
