Cornerstone Robotics raises $200m for technology advancement

Hong Kong-based Cornerstone Robotics has raised astir $200m successful its backing round, chiefly to expedite commercialisation plans and propel exertion advancements.

The oversubscribed financing circular saw information from an planetary investor, respective planetary organization and sovereign wealthiness funds, arsenic good arsenic existent backers.

According to the company, this divers capitalist radical is expected to fortify its planetary scope and enactment its purpose of making surgical robotic technologies much wide disposable astir the world.

Established successful 2019, Cornerstone develops surgical robotics and related technologies done interior probe and vertical integration.

Its main offering, the Sentire Endoscopic Surgical System, has secured China’s National Medical Products Administration support and is presently being utilized clinically successful hospitals crossed mainland China, Europe, and Hong Kong.

The institution besides partners with world and aesculapian institutions internationally to enactment exertion adoption, objective training, and world exchange.

UBS Group acted arsenic the company’s fiscal advisor for this transaction. Legal counsel was provided by Global Law Office for transactional matters and JunHe for intelligence property.

Cornerstone Robotics laminitis and CEO prof Samuel Au said: “The twelvemonth 2025 marks an important milestone successful the improvement travel of Cornerstone Robotics. We widen our heartfelt gratitude to our caller and existing shareholders for their spot and support.

“This represents not lone designation of the palmy objective exertion of our innovations, but besides beardown assurance successful Cornerstone Robotics’ semipermanent growth. Moving forward, we volition stay committed to innovation-driven improvement and deepen our planetary presence, bringing safe, high-quality, and accessible surgical robotic solutions to patients and healthcare providers astir the world.”

In January, Cornerstone secured much than $70m successful a Series C financing round, aimed towards expediting commercialisation efforts, processing caller products, performing objective studies, seeking regulatory clearances, and the planetary enlargement of robotic surgical solutions.

"Cornerstone Robotics raises $200m for exertion advancement" was primitively created and published by Medical Device Network, a GlobalData owned brand.

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