StoryFunding
Noah Medical raises $150M Series B led by SoftBank Vision Fund and Prosperity7
Noah Medical raised a $150M Series B about six weeks after Galaxy's FDA clearance, to scale up the system. The company was founded in 2018 by Jian Zhang.
- Leads: SoftBank Vision Fund and Prosperity7 Ventures.
- Others included Hillhouse, Sequoia China and AME Cloud Ventures.
- Noah was being sued at the time by J&J's Auris Health, which alleged misuse of trade secrets.