Toray Engineering has returned to back a $27.3m round for the surgical robot developer, investing alongside Dai-ichi Life and Medipal Innovation.

Japan-based healthcare robot developer Riverfield raised ¥3bn ($27.3m) on Friday from engineering group Toray Engineering, insurer Dai-ichi Life and medical supplies provider Medipal Holdings.

Medipal Holdings took part in the round through Medipal Innovation, a vehicle the corporate runs together with financial services firm SBI subsidiary SBI Investment.

Spun out of Tokyo Institute of Technology and Tokyo Medical and Dental University in 2014, Riverfield is developing robotics-powered medical equipment such as surgical robots.

Toray Engineering had joined SBI Investment and…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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