6 years ago
CMR Surgical Secures £195 Million in Series C Funding for Surgical Robotics
CMR Surgical, a UK-based company specializing in surgical robotic systems, raised £195 million in Series C funding
Backers include LGT, Escala Capital Investments, Cambridge Innovation Capital, Watrium, and Zhejiang Silk Road Fund, as well as new US investors
The company intends to use the funds for business scaling, delivering its Versius® surgical robotic system to hospitals worldwide, continued research and development, manufacturing, and expansion
CMR Surgical develops a robotic system for minimal access surgery, Versius®, which features 3D HD vision, instrument control, and ergonomic working positions
The system, which received the European CE Mark in March 2019, is now available in four continents.
ProblemHealthcare
"Surgeons need more flexibility and precision in minimally invasive surgery. Existing robotic systems are expensive and cumbersome, making them inaccessible to many hospitals."
Solution
"Versius is a surgical robot that offers more precision and flexibility, and is more affordable than current systems, allowing more hospitals to use it."