Cornerstone Robotics has secured a US$700M strategic investment from Medtronic to advance its surgical robotics systems. This funding will aid the distribution of its SentireTM surgical system in select international markets.
Amount Raised
$700 Million
Round Type
Corporate Round
Investors
Description
Cornerstone Robotics, based in Hong Kong, announced a strategic partnership and received a US$700M investment from Medtronic. This partnership allows Medtronic to distribute Cornerstone's SentireTM surgical system in certain markets. The funding will help enhance the accessibility and efficiency of surgical care globally. The company is dedicated to advancing surgical technology with its in-house developed systems and innovative healthcare solutions.
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Based on industry dataCornerstone Robotics raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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