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The entire Gusheng Yuanhua robotic surgical procedure system. | Supply: Yuanhua Clever Applied sciences
Yuanhua Clever Applied sciences introduced it introduced in “a number of hundred million yuan” in Collection B financing in January 2022. 100 million yuan is equal to over $15 million.
Cornerstone Capital, a Chinese language personal fairness funding establishment, led the funding spherical. Current traders, like Shenzhen Enterprise Capital and Sequoia China, and funding companies, like Guoke Jiahe and Wanhui Capital, additionally participated within the spherical.
The corporate was based in December 2018 in Shenzhen, China. In 2019, it’s absolutely owned subsidiary Gusheng Yuanhua Robotic unveiled the prototype for its assisted robotic system for orthopedic surgical procedure.
The subsequent 12 months, the corporate accomplished an Angel spherical of financing. It used the funding to finish scientific trials for its surgical robotics system for use in knee replacements.
The system is made up of a collaborative robotic (cobot) arm with seven joints that exactly performs surgical procedure. The surgeon plans and navigates the surgical procedure from the YUANHUA-TKA software program platform.
In March of 2021, the corporate introduced it raised over $30 million in Collection A funding. Sequoia China and CMB Worldwide Capital collectively led the spherical. At the start of January 2022, it enrolled the robotic surgical system in scientific trials for hip replacements.
Yuanhua Tech plans to make use of the financing to commercialize it’s surgical system and to speed up its different initiatives.
The corporate is at the moment present process scientific trials for its digestive tract merchandise and pure cavity surgical procedure robots. Yuanhua Tech can be ending exams on different industrial functions for its self-developed cobot arm.
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