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Chinese surgical robot startup raises funds

Jointech machine precisely positions artificial joints, speeding recovery

BEIJING -- Chinese medical robot developer Jointech (Jianjia Robots) recently raised more than 100 million yuan ($14.72 million) of funds in a Series B round, it was reported. A large Chinese investment fund, Hillhouse Capital, major Chinese drug company Fosun Pharmaceutical and the startup's existing shareholder, Baidu Ventures, took part in joint investment in the financing round.

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