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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 .