Robotic surgical technology developer iotaMotion announced that it received a $1.65 million grant from the National Institutes of Health (NIH). Iowa City, Iowa-based iotaMotion said in a news release that it is using the grant funds to continue developing its real-time tissue trauma sensing technology in the iotaSoft robotic surgical system designed for assistance in […]
iotamotion
IotaMotion adds nearly $3m, touts human factors study
IotaMotion said today that it raised nearly $3 million in a second round of funding as it moves toward commercializing its iotaSoft robotic system for cochlear implantation surgery. The Iowa City-based startup raised $2.52 million and said it’s focused on achieving developmental and regulatory milestones on its way to commercialization for the IotaSoft system. The […]
IotaMotion raises $2m for robotic cochlear implant system
Medical robotics start-up IotaMotion said today it raised $2 million in a seed financing round to support the development of its Iota-Soft novel robotic cochlear implantation platform. The Iowa City-based company, spun out from the University of Iowa’s Otolaryngology Department, is developing a robotic-assisted insertion device designed to aid surgeons in advancing cochlear implant electrodes. […]