4 years ago

CMR Surgical Secures $600 Million Series D Funding for Global Expansion

  • CMR Surgical, a Cambridge UK-based surgical robotics company, has raised $600M in Series D funding led by SoftBank Vision Fund 2

  • The round also includes participation from Ally Bridge Group, new investors RPMI Railpen, Tencent, and Chimera, and existing investors LGT and its affiliate impact investing platform Lightrock, Watrium, Cambridge Innovation Capital, PFM Health Sciences, and GE Healthcare

  • The company intends to use the funds for the global commercialization of Versius and further develop its digital ecosystem, including new technological developments such as Versius Connect, an app for surgeons using the Versius surgical robotic system.

    • ProblemHealthcare

      "Making robotic keyhole surgery universally accessible is a challenge. Current robotic surgical systems are expensive, complex to operate, and only available in a limited number of hospitals. "

      Solution

      "Versius is a surgical robotic system that aims to make robotic keyhole surgery universally accessible by offering a more affordable and user-friendly alternative to existing systems. The Versius system is designed to be easy to use and adaptable to a variety of surgical procedures. "

      Covered on