# MicroPort leads €40M investment in Robocath and forms China JV

MicroPort Scientific Corporation led a strategic investment of up to €40 million in Robocath and signed a binding term sheet to form a China-based joint venture for vascular robotics.

- Type: Investment
- Announced: 2020-04-28
- Where: China, China
- Value: $44.0M (40.0M EUR)
- Status: announced
- Products: cardiovascular robotic systems, R-One robot system
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [MicroPort Scientific Corporation](https://endata.com/companies/20849.md) (investor)
- [Robocath](https://endata.com/companies/46844.md) (partner)

## Sources

- [microport.com](https://microport.com/news/microport-and-robocath-announce-strategic-investment-and-binding-term-sheet-form-vascular-robotics-joint-venture-for-the-china-market), 2020-04-28: "MicroPort® announced today that it has entered definitive agreements to lead a strategic investment of up to €40 million in Robocath."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.