Medrobotics

https://medrobotics.com/

Last activity: 28.11.2024

Probably Closed

Categories: PlatformRobotics

Medrobotics Corporation is a privately-held company that is developing and commercializing the Flex Robotic System, a robotic-assist platform that enables surgeons to gain single-site access and visualization to difficult-to-access anatomical locations.

Mentions

Overview

Location

United States, Massachusetts, Raynham

Employees

51-200

Total raised

$68.6M

Founded date

2005

Investors 1

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Funding Rounds 3

Date	Series	Amount	Investors
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Mar 22, 2013	Funding round	$10M
Dec 20, 2012	Series D round	$33.6M

Mentions in press and media 32

Date	Title	Description
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Mar 12, 2024	Global Robotic Medical Imaging Market to Reach US$ 24.9 Billion by 2030: CoherentMI	Global Robotic Medical Imaging Market size is expected to reach US$ 24.9 Billion by 2030, from US$ 10.0 Billion in 2023, at a CAGR of 13.8% during the forecast period.” — CoherentMIBURLINGAME, CA 94010, UNITED STATES, March 12, 2024 /EINPre...
Sep 1, 2021	Безмозглые хирурги: прошлое, настоящее и будущее медицинских роботов	Считается, что роботы-хирурги — технология будущего, но они принципиально не менялись вот уже 20 лет. Некоторые врачи считают роботов-хирургов ненужной тратой денег, в то время как другие — в восторге от открывающихся возможностей. Большинс...
Feb 5, 2020	These are the startups on the front lines of the surgical robotics space	The number of installed surgical robots rose over 400 percent from 2010 to 2015 Robots have been used in surgery for decades, with the first robotic arm being used way back in 1985 (that's a year before I was even born). The first FDA-appro...
Oct 19, 2018	AI Weekly: For evidence of academic investment in AI, look no further than Pittsburgh	Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more. The Massachusetts Institute of Technology announced this week that it would invest $1 billion in a new college of computer engineering:...
Oct 19, 2018	AI Weekly: For evidence of academic investment in AI, look no further than Pittsburgh	The Massachusetts Institute of Technology announced this week that it would invest $1 billion in a new college of computer engineering: the Stephen A. Schwarzman College of Computing. It’s the single largest investment in artificial intelli...
Jun 14, 2018	Medrobotics Announces $25MM Venture Debt Investment Commitment from Western Technology Investment	RAYNHAM, Mass.--(BUSINESS WIRE)--Medrobotics Corp., a medical robotics company, today announced a $25 million venture debt investment commitment from Western Technology Investment (WTI). Medrobotics will use these funds to develop products ...
Aug 4, 2017	Auris Surgical Robotics, cofounded by superstar Fred Moll, has quietly closed on a ton of money	Auris Surgical Robotics, a 10-year-old, San Carlos, Ca.-based surgical robotics company that was cofounded by serial entrepreneur Frederic Moll, has quietly raised $280 million in Series D funding led by Coatue Management. The company had p...
Feb 21, 2017	Medrobotics Closes $20M Financing	RAYNHAM, Mass.--(BUSINESS WIRE)--Medrobotics Corp., a medical products company, today announced closing a $20 Million Preferred Stock financing. Existing Medrobotics shareholders participated in the round. Proceeds will be used to fund the ...
Jan 26, 2017	Boston Tech Watch: IBM, Adelphic, Mylestoned, Everbridge & More	Share Share on Facebook Share on Twitter LinkedIn Email Reprints [Updated 1/26/17, 2:42 pm. See below.] This week in Boston tech, we’re tracking a string of acquisitions, funding rounds, and more. The moves include an acquisition by IBM Sec...
Feb 24, 2016	Robotic systems are a great way to access areas during surgery that previously weren’t possible – Q&A with Medrobotics’ inventor	What makes the Flex Robotic System a stand out from what others are doing? Our research team has gained notoriety with the development of our snake robots. These are good because they can fit into tightly compact spaces and get to places th...
Nov 7, 2015	Medrobotics Closes $25M Financing	Medrobotics Corporation, a Raynham, Massachusetts-based surgical products company focused on medical robotics, closed a $25m financing. Existing shareholders participated in the financing. The company intends to use the funds to expand the ...
Oct 31, 2014	Robotic endoscope maker Medrobotics raises $20M	The company’s received a CE Mark or its Flex System and Flex Retractor, and says it’s met all FDA requirements to distribute the latter in the U.S. Promoted Clinical Care Capacity Planning Learn how to manage clinical care capacity more eff...
Oct 21, 2014	Medrobotics taps backers for $20m	Medrobotics said it closed on $20 million in new funding in a preferred stock sale to prior backers as plans to expand its commercial footprint in Europe. Raynham, Mass.-based Medrobotics also said that it’s "met all applicable FDA req...
May 16, 2014	Medrobotics raises $26 million in a Series E fundraising round for Flex surgical robot \| Medtech funding stories for the week of May 12, 2014	Medrobotics raises $26M for Flex surgical robot May 14, 2014 by Arezu Sarvestani Massachusetts-based Medrobotics raised $26 million in a Series E fundraising round in support of its Flex surgical robot. The company said it plans to use the ...
May 14, 2014	Medrobotics raises $26M for Flex surgical robot	Massachusetts-based Medrobotics raised $26 million in a Series E fundraising round in support of its Flex surgical robot. The company said it plans to use the new funds to launch commercial efforts in the U.S. and in Europe, as well as in p...
Mar 28, 2013	Boston Roundup: Harmonix, Medrobotics, High Street Partners, & More	Share Share on Facebook Share on Twitter LinkedIn Email Reprints Some fundraising, acquisition, and board-member news from Boston-area tech companies big and small, old and new, from video games to surgical robots and beyond: —Harmonix, the...
Mar 22, 2013	Medrobotics Closes an up to $10M Debt Financing	Medrobotics Corporation, a Raynham, Massachusetts-based medical robotics company, closed an up to $10m debt financing from Hercules Technology III, L.P., an affiliate of Hercules Technology Growth Capital, Inc. (NYSE: HTGC). The financing a...
Mar 22, 2013	Medrobotics Closes $10M in Venture Debt	RAYNHAM, MA, Emerging medical robotics company developing the innovative Flex Robotic System, announced the recent closing of up to $10 Million in new debt financing from Hercules Technology. >> Click here for more funding data on ...
Feb 27, 2013	The Rise of Robotics in Med Tech	Robots represent a vision of the future, a vision that inspires two parts amazement and one part fear of being replaced by superior machines. In manufacturing, robots have been deployed since the 1960’s to exceed human precision and product...
Dec 20, 2012	Medrobotics Raises $33.6M in Series D Funding	Medrobotics Corp., a Rainham, MA-based medical robotics company, has raised $33.6m in Series D funding. Backers include existing shareholders and undisclosed new investors. The company intends to use the capital for regulatory preparations ...
Dec 20, 2012	Surgical robot maker Medrobotics lands $33.6M in Series D	Surgical robotics company Medrobotics raised $33.6 million in Series D round of funding from new and existing investors, according to a company statement. The Raynham, Mass.-based medical device maker, originally known as Cardiorobotics, pl...
Dec 20, 2012	Medrobotics Completes $33.6M Series D	RAYNHAM, MA, Emerging medical robotics company developing the innovative Flex Robotic System, announced the conversion of notes totaling $33.6 million. >> Click here for more funding data on Medrobotics >> To export Medrobot...
Aug 20, 2012	Fundraising: Snake robotics startup Medrobotics seeking $20M, raises $8M	Location: Raynham, Massachusetts Solution/Product: Flexible medical robots that allow “single-site access and visualization to difficult to reach anatomy.” Money Raised: $8.1 million; seeking another $11.9 million through a convertible note...
Aug 16, 2012	Funding: Medrobotics aims for $20 million in new funding round	Surgical robotics company Medrobotics is on its way to a $20 million funding round, having raised $8.1 million so far. The Raynham, Mass.-based medical device company, originally known as Cardiorobotics, is working on a multi-link robot for...
Aug 14, 2012	Medrobotics Programs $8M Series D	RAYNHAM, MA, Medrobotics secured an $8M Series D round of funding. Firm has developed a platform of flexible medical robots that enable surgeons to access, visualize, and perform two-handed surgery. >> Click here for more funding d...
Dec 28, 2011	Medrobotics Closes $11.7M Series C Funding	Medrobotics Corporation, a Boston, MA-based robotic snake technology developer, recently closed a $11.7m Series C funding. Backers include new angel investors and The Pittsburgh Life Sciences Greenhouse. This investment brings the total amo...
Dec 27, 2011	Medrobotics Snares $11.7M Series C	RAYNHAM, MA, Robotic snake technology developer, Medrobotics, announced today that it has closed Series C funding in the amount of $11.7 Million. The investment came from current shareholders, a number of new angel investors, and from The...
	The Rise of Robotics in Med Tech	Robots represent a vision of the future, a vision that inspires two parts amazement and one part fear of being replaced by superior machines. In manufacturing, robots have been deployed since the 1960’s to exceed human precision and product...
	Robotic endoscope maker Medrobotics raises $20M	A company that’s created the first robot-assisted flexible endoscopic platform for surgery has raised a nice lump sum – Massachusetts devicemaker Medrobotics has raised $20 million. The dollars will be used to pursue commercial launches acr...
	Robotic systems are a great way to access areas during surgery that previously weren’t possible – Q&A with Medrobotics’ inventor	Medrobotic‘s Flex Robotic System is designed to give physicians the ability to access anatomical locations that were previously difficult or impossible to reach in a minimally invasive way. Because it is affordable and efficient, the Flex R...
	Fundraising: Snake robotics startup Medrobotics seeking $20M, raises $8M	Name of Company: Medrobotics Corp. Industry: Medical devices Location: Raynham, Massachusetts Solution/Product: Flexible medical robots that allow “single-site access and visualization to difficult to reach anatomy.” Money Raised: $8.1 mill...

Reviews 0

FAQ about Medrobotics

When was Medrobotics founded?

Medrobotics was founded in 2005.

How much funding has Medrobotics raised?

Medrobotics has raised $68.6M in total across 3 funding rounds.

What funding rounds has Medrobotics raised?

Parsers VC lists 3 funding rounds of Medrobotics, among them a funding round of $10M on Mar 22, 2013 and a Series D round of $33.6M on Dec 20, 2012.

What has the press written about Medrobotics?

Parsers VC has collected 32 articles mentioning Medrobotics, among them “Global Robotic Medical Imaging Market to Reach US$ 24.9 Billion by 2030: CoherentMI” (Mar 12, 2024) and “Безмозглые хирурги: прошлое, настоящее и будущее медицинских роботов” (Sep 1, 2021).

Is Medrobotics still active?

Medrobotics is probably closed: its latest activity on Parsers VC dates from Nov 28, 2024.