EndoQuest, an endoluminal robotics technology company, announced it closed a $42 million C-1 preferred financing round.
Existing investors CE Ventures Limited and McNair Interests Ltd. participated in the round, as did new investor Puma Venture Capital LLC.
WHAT IT DOES
The Houston-based company developed a flexible robotics surgery system to perform minimally invasive procedures in upper and...
Sydney-based startup Andromeda Robotics has integrated generative artificial intelligence into robotics to complement the support provided in aged care.
WHAT IT DOES
Founded by a group of engineers in 2022, Andromeda Robotics aims to transform human-robot interactions by developing empathetic companion robots, targeting the elderly and children in hospitals.
WHAT IT'S ABOUT
The prototype...
British medtech company Brainomix and Switzerland-based remote robotic surgical company Nanoflex Robotics announced the receipt of £400,000 ($420,418) and CHF 400,000 ($443,700), respectively, to codevelop an AI-assisted magnetic navigation system for stroke-related robotic surgical tools.
Innovate UK, the innovation agency in the United Kingdom, and Innosuisse, Switzerland's Innovation Agency,...
Diligent Robotics, maker of the autonomous clinical support robot Moxi, announced it scored $25 million in new funding.
Canaan led the round, with participation from existing investors DNX Ventures, True Ventures and Next Coast Ventures, and new investor Northwestern Medicine Innovation.
Rich Boyle, general partner at Canaan, will join Diligent Robotics' board of directors.
WHAT THEY DO...
California-based Mendaera, a healthcare robotics company, announced that it had secured $24 million in Series A funding, led by Lux Capital.
Operator Partners, Founders Fund and Allen & Company participated in the round, alongside investors Auris Health founder Dr. Fred Moll, Intuitive Surgical and former U.S. Senator Bob Kerrey.
WHAT IT DOES
Mendaera completed the research and design...
A new robotic arm at the Kolling Institute, a joint venture between the Northern Sydney Local Health District and the University of Sydney, is seen to improve hip and knee replacements in Australia.
WHAT IT DOES
Called KOBRA (Kolling Orthopaedic Biomechanics Robotic Arm), the orthopaedic biomechanics robot is one of the only two robots in the country that is based on simVitro – a hardware...
Hangzhou RoboCT Technology Development Co., maker of rehabilitation robots in China, has scored $15.7 million in a Series A+ funding round led by Fortune Capital.
The investing round was also participated by Essence Securities, Poly Capital, and its existing investor, Blue Run Ventures China.
WHAT IT DOES
RoboCT develops smart rehabilitation devices and rehabilitation assistance tools for the...
Diligent Robotics raised more than $30 million in a Series B funding round for its clinical support robot, Moxi.
The round was led by Tiger Global with participation from True Ventures, DNX Venture, Ubiquity Ventures, E14 Fund, Next Coast Ventures, Boom Capital, Gaingels and Cedars-Sinai Health Ventures. The startup joined the Cedars-Sinai Accelerator class announced in February 2021.
This...
NDR Medical launches Japan office
Singaporean medical device maker NDR Medical has opened a new office in Tokyo, Japan, its fourth location in Asia-Pacific. The company also operates in China and Malaysia.
Alongside its opening, the company will also conduct a multi-site trial for its Automated Needle Targeting with X-ray (ANT-X) system with two Japanese university hospitals. The trial is...
NexStem, a robotics startup based in Palo Alto, California with a R&D team in India, is set to roll out across Asia-Pacific, Europe and the United States its headset that can be controlled by a user's thoughts.
The launch comes as the company has received funding from angel investors like BITS Spark and Indian internet company InfoEdge for an undisclosed amount.
WHAT IT'S FOR
NexStem offers...
