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 company is also working on an artificial hand, which will be able to perform complex tasks such as opening jars or picking up objects.
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.