Riverfield operates $10.1m series B

Nov 3, 2017 •

The Tokyo Institute of Technology spinout has raised $10.1m to continue development of its medical robot that assist surgeons during delicate procedures.

Riverfield, a Japan-based medical robot developer spun out of Tokyo Institute of Technology, has secured ¥1.2bn ($10.1m) in a series B round, according to Nikkei Asian Review.

The round was led by Toray Engineering, a subsidiary of industrial products conglomerate Toray Group, and also featured SBI Investment, a subsidiary of financial services firm SBI Holdings, as well as investment firm Jafco and venture capital firm Beyond Next Ventures.

Founded in 2014, Riverfield is developing a robot that can assist with…

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