Medrobotics Garners $20,000,000 New Funding

  • Feed Type
  • Date
    10/23/2014
  • Company Name
    Medrobotics
  • Mailing Address
    475 Paramount Drive Raynham, MA 02767 USA
  • Company Description
    Medrobotics has exclusive worldwide licenses for its technologies from Carnegie Mellon University and the University of Pittsburgh as well as additional robust development of its own intellectual property portfolio. The Company has an operational facility in New England, with partners located throughout the United States.
  • Website
    http://www.medrobotics.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds will be used for extending the Company’s runway while pursuing commercial launches in Europe and preparing for FDA clearance and commercialization in the United States and other global markets.
  • M&A Terms
  • Venture Investor