CMR Surgical this week announced it appointed Per Vegard Nerseth as CEO, effective on Jan. 1, 2020. Nerseth will replace Martin Frost, who will remain as CEO until the effective date and transition to a non-executive director role within the company. Prior to joining CMR Surgical, Nerseth was senior VP and managing director of ABB […]
How GE Healthcare is investing in medtech innovation
GE Healthcare (NYSE:GE) appears to be taking the “throw it against the wall and see what sticks” approach when it comes to medtech innovation. GE’s Chicago-based healthcare subsidiary today announced a medtech 3D printing partnership with Formlabs (Somerville, Mass.). GE Healthcare also disclosed its participation in the recent $243 million Series C round of robot-assisted surgery […]
CMR Surgical sells first Versius robot, in India
CMR Surgical said today that it completed the first sale of its Versius robotic surgical system to the Galaxy Care Hospital in Pune, India. Versius is designed for use in minimal-access procedures; at Galaxy Care those ranged from transthoracic procedures to hysterectomies and myomectomies, led by Dr. Shailesh Puntambekar, according to a news release. Cambridge, […]
CMR Surgical drums up another $243 million for Versius robotic surgery device
CMR Surgical said today that it raised some $243 million in a Series C round it plans to use to commercialize its Versius robot-assisted surgery device. The Cambridge, U.K.-based company said the £195 million round (worth about $242.8 million) is Europe’s largest private medtech financing to date. CMR Surgical, formerly known as Cambridge Medical Robotics, […]
CMR Surgical touts first-in-human procedures with Versius robotic surgical platform
CMR Surgical said today that it has successfully completed the first-in-human procedures with its Versius surgical robotic system as part of a clinical trial in Pune, India. A total of 30 procedures were performed by Dr. Dhananjay Kelkar and their team at the Deenanath Mangeshkar Hospital & Research Center, The U.K.-based company said that the Versius […]
CMR Surgical unveils Versius robotic surgical platform
CMR Surgical today unveiled its portable Versius robotic surgical platform, designed for use in minimal-access procedures. The U.K.-based company said that the Versius robotic platform’s design is inspired by the human arm, and is intended to be affordable and transportable due to its small size and modular design. CMR Surgical said that it hopes the […]
CMR Surgical closes $100m Series B
Updated to correct to the company’s updated name, CMR Surgical. CMR Surgical said today it closed a $100 million Series B round of funding to support commercialization of its Versius robotic surgical system. The Series B round was joined by the newly invested Zheijiang Silk Road Fund and existing investors Escala Capital Investments, LGT, Cambridge […]
Cambridge Medical Robotics raises $26m for Versius robot-assisted surgery device
Cambridge Medical Robotics, fresh from the unveiling of its Versius robot-assisted surgical arm, said today that it added $26 million to the Series A round it plans to use on validation studies and further production. Existing backers Cambridge Innovation Capital, LGT Global Invest, Escala Capital and ABB Technology Ventures were joined by new investor Watrium […]
Cambridge Medical Robotics unveils first look at Versius ‘bot
Cambridge Medical Robotics released the first photos today of its surgical robot, Versius, designed to make minimal access surgery more widely available and easier to perform. “We’ve designed Versius with surgeons in mind. By equipping them with a remarkable tool, fit for their demanding job, we can change the way surgery is delivered,” CEO Martin […]
Robotic surgery: Here’s everything you need to know
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U.K. tech fund Cambridge Innotavion Capital raises $98.5m ahead of expected IPO
Cambridge Innovation Capital, a U.K.-based tech start-up fund focused on the healthcare sector, said it raised $98.5 million (U.K. £75 million) ahead of an expected initial public offering. Joining the round were Woodford Investment Management, Oman Investment Fund and Lansdowne Partners, according to a report from the U.K.’s Telegraph. The start-up fund has previously funded […]
