Funding round
Cornerstone Robotics Growth
Reported as "Growth Equity"
Cornerstone Robotics, which works in robotic surgical technology development in Waltham, raised $700M in a Growth round announced on 2 Sep 2026. 1 firm took part, 1 of them already investors. It is Cornerstone Robotics' fourth venture round on record; the one before was a Growth in Nov 2025.
$700M
Amount raised
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
Cornerstone Robotics did not disclose a valuation in this round. It came 10 months after Cornerstone Robotics' Growth. It is 67% of the $1.04B Cornerstone Robotics has raised in the venture rounds on record. No later venture round is on record for Cornerstone Robotics.
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- Medtronic existing investor
Comparable rounds
How it compares
27 Growth rounds in Medical Supply Manufacturers within a year either side disclosed an amount; the median was $50M, and this round was 14 times the median. The closest in time, other companies' Growth rounds in Medical Supply Manufacturers:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Medical Supply Manufacturers | 23 Sep 2026 | $90M | not disclosed | Andera Partners and Sofinnova Partners |
| Medical Supply Manufacturers | 23 Sep 2026 | $56M | not disclosed | Omega Funds |
| Medical Supply Manufacturers | 20 Sep 2026 | $45M | not disclosed | Catalio Capital Management |
| Medical Supply Manufacturers | 18 Sep 2026 | $25M | not disclosed | Swisscanto (CH) Private Equity Switzerland Growth II L-QIF KmGK and Swisscanto |
| Medical Supply Manufacturers | 23 Sep 2026 | undisclosed | not disclosed | 1315 Capital |
| CMR Surgical Medical Supply Manufacturers | 12 Oct 2026 | $400M | not disclosed | Stryker Corporation |
| Medical Supply Manufacturers | 25 Aug 2026 | $200M | not disclosed | Kedaara Capital |
| Medical Supply Manufacturers | 19 Oct 2026 | $36M | not disclosed | Catalio Capital Management |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Cornerstone Robotics raise in its Growth round?
Cornerstone Robotics raised $700M in its Growth round, announced in Sep 2026.
Which investors took part in Cornerstone Robotics' Growth round?
Medtronic.
What was Cornerstone Robotics' valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Medical Supply Manufacturers?
27 Growth rounds in Medical Supply Manufacturers within a year either side disclosed an amount; the median was $50M, and this round was 14 times the median.