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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.