CIC is backed by long term institutional and strategic investors such as Invesco Perpetual, Lansdowne, University of Cambridge Endowment Fund, IP Group and ARM. Cambridge Medical Robotics (CMR) has raised $20.3m to fund development of a keyhole surgery robot. CMR will partner with new investor ABB Technology Ventures, which will also aid with component sourcing and manufacturing. The robot is designed for minimally invasive surgery, but it could be used in more complex procedures such as heart surgery.
Cambridge Medical Robotics (CMR) has raised $20.3m to fund development of a keyhole surgery robot. CMR will partner with new investor ABB Technology Ventures, which will also aid with component sourcing and manufacturing. The robot is designed for minimally invasive surgery, but it could be used in more complex procedures such as heart surgery.