News Snapshot:
EDDA Technology, a developer of intelligent robotic solutions for precision surgery, has raised $150 million in a round led by SoftBank Vision Fund 2. The company will use the proceeds to further its ambition of combining precision surgery with AI and robotics for better patient outcomes in China and worldwide. Global healthcare investment firm OrbiMed and Hong Kong-based investment manager 3W Fund participated in the investment, alongside EDDA’s existing investors including Morningside Ventures, Matrix Partners China, SoftBank China Venture Capital, Bank of China Group Investment, Trust Bridge, and Draper Dragon, among others. EDDA was founded in early 2003 by Qian...
