.
MergerLinks Header Logo

New Deal


Announced

Completed

SoftBank Vision Fund and Prosperity7 Ventures led a $150m series B funding round in Noah Medical.

Financials

Edit Data
Transaction Value£120m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

medical robotics

Medical Equipment

Completed

Friendly

Single Bidder

Private

United States

Minority

Private Equity

Acquisition

Venture Capital

Cross Border

Synopsis

Edit

SoftBank Vision Fund, a venture capital fund, and Prosperity7 Ventures, a venture capital firm that invests in early and growth-stage startups with a long-term view, led a $150m series B funding round in Noah Medical, a medical robotics company, with participation from Tiger Global, Hillhouse, Sequoia China, Shangbay Capital, Uphonest Capital, Sunmed Capital, Lyfe Capital, 1955 Capital, and AME cloud ventures. “We are a mission driven startup and appreciate our investors’ support to allow us to scale and deliver on the future of medical robotics. Next generation robotics platforms like the Galaxy System are filling procedural gaps to provide superior clinical values to better serve customers’ needs. We are excited to welcome these investors to the team and are eager to grow and serve even more patients and clinicians,” Jian Zhang, Noah Medical Founder and CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US