Robotic hair restoration company Restoration Robotics has raised $25 million in an initial public offering and seen its shares rise nearly 40% after its debut, according to a Silicone Valley Business Journal report.
The 91-person company, co-founded by surgical robotics pioneer Fred Moll, sold 3.6 million shares at $7 each, then proceeded to open at $8.55 per share today, up 22% from its IPO price, according to the report.
At DeviceTalks Boston, Tyler Shultz will give attendees an inside look at Theranos and how he was able to sound the alarm after he realized the company was falling apart. Shultz will take attendees behind the story that everyone is talking about: the rise and fall of Elizabeth Holmes and her diagnostic company, Theranos.
Join Shultz and 1,000+ medical device professionals at the 8th annual DeviceTalks Boston.