Medrobotics Corporation (formerly Cardioborobotics, Inc.) was originally formed in 2005 (as Innovention Technologies, LLC). Medrobotics has developed a platform of flexible medical robots that enable surgeons to access, visualize, and perform two-handed surgery in hard-to-reach anatomical places through a single-site access. The core technology is a new generation of flexible robotic snakes with advanced vision systems that are able to navigate tortuous paths while providing accessory channels for a wide range of flexible surgical tools. The robots are self-supporting, which means they are able to support their own weight and move within any three-dimensional space without the need for any other structural support.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 08/14/12 | $8,000,000 | Venture Debt | ||
| 12/20/12 | $33,600,000 | Series D | ||
| 03/22/13 | $10,000,000 | Venture Debt |
Hercules Technology Growth Capital | undisclosed |
