“More than just a robot”: Surgical robotics company CMR Surgical secures over €185 million: Cambridge-based CMR Surgical, a global surgical robotics company, today announced the successful closing… https://t.co/4KpnWztLqd #SurgicalRobotics #HealthcareInnovation #RoboticSurgery
The UK-based startup is looking to expand in the US and compete with its $180bn American rival Intuitive Surgical. 🦾 #Tech #EuropeanTech #UK https://t.co/vdmWy9pyq8
Fantastic news this week as two UK companies @CMRSurgical and @IsomorphicLabs raise hundreds of millions of dollars in their latest funding rounds. This investment is a huge vote of confidence in the UK's life sciences sector and will support the creation of high-quality jobs.
Cambridge-based CMR Surgical has successfully raised over €185 million (approximately $200 million) in funding to support its expansion into the U.S. market. The company, which specializes in developing surgical robotic systems for minimally invasive surgeries, aims to compete with the American giant Intuitive Surgical, valued at $180 billion. The funding round was backed by Trinity Capital, and the capital will be used to enhance the global reach of its Versius Surgical Robotic System. This investment reflects a growing confidence in the UK's life sciences sector, which is expected to create high-quality jobs.