Medrobotics Secures Another $8M For Their Surgical Robots - Robotics Business Review
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Medrobotics Secures Another $8M For Their Surgical Robots
The company's robotic "snakes" are positioning themselves to succeed in the medical market
By RBR Staff


MASSHIGHTECH—A maker of surgical robotic technologies, Medrobotics Corp., has secured a Series D round of funding, federal documents show.

The $8M round of equity, warrants and other options is part of a $20 million offering. A total of 18 investors have invested in the offering, according to the Aug. 10 filing. Listed on the filing are executives Samuel Starface, president and CEO; Kevin Gilmartin, vice president of research and development; Shawn Wery, vice president of clinical-regulatory affairs;Mark Peters, CFO; and David Smith, secretary. Listed as directors in the filing are Richard Petersen Jr., president of Petersen Jr. Enterprises; John Petersen, former president at Erie Insurance Group;…

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