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Ronovo Surgical closes $44M series B financing led by Guolian Capital and INCE Capital to advance Carina™ platform towards commercialization and international expansion

PRIVATEJun 20, 2024

Amount Raised

$44 Million

Round Type

Series B

ShanghaiManufacturingBiotechnologyHealth CareMedicalMedical Devicemedical devices

Investors

Long River InvestmentsKing Star Med LpInce CapitalGuolian Capital

Description

Ronovo Surgical, a Shanghai-based medical technology innovator, has successfully closed its Series B financing round, raising a total of $44M million from leading healthcare technology investors. The funding will be used to accelerate the commercialization of its proprietary modular robotic system, the Carina™ Platform, in the Chinese market and set the stage for international expansion.

Company Information

Company

Ronovo Surgical

Location

Shanghai, Shanghai, China

About

Ronovo Surgical, founded in 2019 and based in Shanghai, is dedicated to addressing unmet clinical needs in surgery through robotic and digital innovation. Guided by the belief that flexibility, adaptability, and affordability are key to broad adoption, Ronovo developed the Carina™ Platform in close collaboration with expert surgeons, moving from concept to commercialization in just four years. The modular Carina™ system includes a laparoscopic surgical platform, high-definition functional vision imaging, a full suite of surgical instruments, and comprehensive accessories. Committed to advancing accessible and affordable minimally invasive care, Ronovo continues to expand globally through academic, clinical, and commercial partnerships. The Carina™ Platform is currently available exclusively in mainland China.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

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