Ronovo Surgical Closes Series D Financing

Insider Brief

  • Ronovo Surgical closed a $67 million Series D financing round led by Johnson & Johnson’s JJDC, with participation from Lilly Asia Ventures, INCE Capital, and Granite Asia, bringing its 2025 fundraising total to over $100 million.
  • The company signed a collaboration with Johnson & Johnson Medical (Shanghai) to expand access to Carina™, its flagship modular robotic surgery platform, in select China markets alongside Johnson & Johnson MedTech technologies.
  • Carina™ became the first modular surgical robotic system approved by China’s NMPA across four specialties and is now advancing global expansion with regulatory submissions in Europe and South America.

PRESS RELEASE – Ronovo Surgical, a global innovator in next-generation surgical robotics, announced the successful closing of its Series D financing, led by Johnson & Johnson’s corporate venture capital organization, JJDC, and participation from Lilly Asia Ventures, INCE Capital and Granite Asia, with a total investment of USD 67 million.

This is Ronovo’s second major funding round in 2025, following its Series C round led by Granite Asia earlier this year. With over USD 100 million raised this year alone, Ronovo continues to gain strong investor support for its vision to transform minimally invasive surgery around the world.

In addition to the Series D closing, Ronovo Surgical signed a targeted collaboration agreement with Johnson & Johnson Medical (Shanghai) Ltd. aimed at expanding surgical technology choice and access in China. The collaboration will offer hospitals in portions of the China market the advantages of Carina™, Ronovo’s flagship modular robotic surgery platform, alongside complementary Johnson & Johnson MedTech surgical technologies.

Carina™ received regulatory approval from China’s National Medical Products Administration (NMPA) in March 2025, becoming the first modular surgical robotic system in the country to obtain a first-time filing covering four major specialties: General Surgery, Gynecology, Urology, and Thoracic Surgery. With its configurable modular architecture, Carina™ addresses the flexibility, adaptability and affordability challenges posed by legacy robotic surgical systems.

In parallel, Ronovo has initiated global expansion, with submissions underway in Europe and South America. The platform has already received enthusiastic feedback from international key opinion leaders, validating Carina’s differentiated value proposition and its ability to meet significant unmet needs across healthcare systems.

Dr. John Ma, Founder, Chairman, and CEO of Ronovo Surgical, commented:

“We are grateful for the successful closing of our Series D round led by JJDC. Carina—flexible, adaptable, and affordable—embodies our commitment to democratizing access to surgical robotics on a global scale. We’re excited about the strategic collaboration with Johnson & Johnson MedTech, which will further accelerate our commercial momentum in China while laying the foundation for international growth.”

Greg Bock

Greg Bock is an award-winning investigative journalist with more than 25 years of experience in print, digital, and broadcast news. His reporting has spanned crime, politics, business and technology, earning multiple Keystone Awards and a Pennsylvania Association of Broadcasters honors. Through the Associated Press and Nexstar Media Group, his coverage has reached audiences across the United States.

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