San Carlos, California – Noah Medical, a leader in medical robotics, announced today that it has raised $150 million in a Series B funding round. The investment was led by Prosperity7 Ventures, AME Cloud Ventures, ShangBay Capital, Hillhouse, LYFE Capital, UpHonest Capital, Sequoia China, and 1955 Capital.
Noah Medical, founded by Jian Zhang, is at the forefront of medical equipment manufacturing and is building the future of medical robotics. The company's next-generation robotic platform is designed to enable early diagnosis and treatment of patients across multiple indications. Noah Medical's highly talented team of 70+ engineers, innovators, and industry leaders, based in Silicon Valley, brings years of experience from the top healthcare companies in the world.
"We are thrilled to have the support of such an incredible group of investors as we continue to develop our revolutionary platform," said Jian Zhang, Founder and CEO of Noah Medical. "This funding will allow us to expand our team and accelerate our efforts to transform the healthcare industry with our cutting-edge technology."