UK medical equipment manufacturer Cambridge Medical Robotics ( CMR ) has raised $ 26 m in a venture A funding round , with new investor Watrium joining existing backers Cambridge Innovation Capital , LGT Global Invest , Escala Capital and bio Technology Ventures . CMR has developed Versius , a surgical robotic system with a unique , four - axis wrist joint that mimics the dexterity of the human wrist , enabling it to hold a surgical instrument in the same way as a doctor . The new funds will be used to move Versius through ongoing clinical studies for minimal invasive devices and to begin work on other systems .
UK medical equipment manufacturer Cambridge Medical Robotics (CMR) has raised $26m in a series A funding round, with new investor Watrium joining existing backers Cambridge Innovation Capital, LGT Global Invest, Escala Capital and ABB Technology Ventures. CMR has developed Versius, a surgical robotic system with a unique, four-axis wrist joint that mimics the dexterity of the human wrist, enabling it to hold a surgical instrument in the same way as a doctor. The new funds will be used to move Versius through ongoing validation studies for minimal access surgery and to begin work on other systems.