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Announced

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

Synopsis

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.

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