Get the most out of Ro­bot­ics Business Review!



This is an article excerpt. Please register to view the entire article.
Learn more about membership benefits and start your membership today!

Medrobotics Completes $33.6M in Series D Financing
The company's Flex Robotic System is designed for operating on the throat and voice box
By RBR Staff


Raynham-based Medrobotics Corp., an emerging medical robotics company developing the innovative Flex™ Robotic System, announced today the conversion of notes totaling $33.6 Million purchased through recent financings into Series D Preferred Stock.  Existing Medrobotics shareholders and undisclosed new investors participated in the Series D raise.  Proceeds will be used for regulatory preparations and submissions and for anticipated commercial launches next year in Europe and the United States.

“Patients, surgeons, and hospitals will all benefit from the Flex Robotic System’s enabling minimally invasive surgical technology,” said Samuel Straface, Ph.D., president and CEO of Medrobotics. “The Flex Robotic System will…

To continue reading, join today.

Get started
Create your membership.
Already a member?





Comments
No comments yet. Be the first to post a comment.

Name:

Email:


View comment guidelines

Remember me

Notify me of follow-up comments?




Special Focus: Robots and the Law

Special Focus: 3D Printing
3D Printing

The new reality of customizable, one-off production:
Additive Manufacturing (AM). Where it’s going, why and what’s
driving its emergence.


RoboBusiness as Tool for Creativity and Innovation

Does HP’s Meg Whitman Scare Stratasys?

Tomorrow’s Supply Chains Today
More in 3D Printing



Microsoft Lays Off Robotics Team

3D Robotics' Wild Week: Richard Branson, Intel, Iris+

ReWalk Eyes Future After $36M IPO

Volvo Opens $70M AstaZero Test Site for Self-Driving Cars

Unbounded Robotics Shutdown: A Lesson for All Startups