Healthcare Sep 07, 2020 12:35 PM (GMT+8) · EqualOcean
Jointech Ltd., the developer and manufacturer of the surgical robot for smart orthopedic operations, announced the close of Series B fundraising for over CNY 100 million. GL Venture Capital, Fosun Pharmaceutical and extant stakeholder Baidu Ventures co-led the investment. The financing will help promote joint replacement surgical robots' clinical registration and research and development for new products. The company aims to become the leading provider for orthopedic surgery robots and solutions. Its core product, ARTHROBOT, is the first self-developed surgical robot for hip joint replacement. The technology targets the industry pains of low-precision, long learning period and too much radiation in the surgeries. The application of surgical robots is expected to boost the whole joint surgeries area.