Ganymed Robotics raises $21.3M for launch of next-gen surgical robots
Category: #health  | By Mateen Dalal  | Date: 2022-07-08 |
  • shareshare_icon
  • Twitter
  • Facebook
  • LinkedIn

Ganymed Robotics raises $21.3M for launch of next-gen surgical robots

Ganymed Robotics, a robotics technology for orthopedic surgeons and computer vision software developer, has declared raising USD 21.3 million capital in the oversubscribed first closure of its Series B funding.

As per reports, the funding round was headed by Cathay Health along with participation from Kurma Partners, Credit Mutuel Innovation, BNP Paribas Developpement and some of the globally renowned surgeons.

It has been claimed that the funding will be used to finalize the industrial expansion of Ganymed’s surgical robotics assistant for knee arthroplasty (TKA) and back the development of the company in the United States and France.

Furthermore, the investment will also be used to extend the innovation product pipeline and speed up the marketing and regulatory developments throughout the geographies.

Sophie Cahen, Chief Executive Officer and Co-Founder, Ganymed Robotics stated that the team is thrilled to enter a new growth phase through this investment. Alongside, support of the top-tier investors and experts in healthcare and innovation is a solid endorsement of the work achieved and the company’s futuristic vision of the orthopedic surgery.

Sophie mentioned that with the exceptional robot-with-eyes platform, the team is determined to offer all care centres either big or small and surgeons with a cost-effective and easy-to-use solution that will radically improvise the outcome of the patients, experience of surgeons, and the complete productivity of joint replacement intrusions.

Reportedly, Ganymed Robotics has witnessed a robust growth since its launch in 2018. In partnership with some of the top-notch clinicians, Ganymed has gathered rare in vivo data through 100-patient observational study and authenticated its patented algorithms.

It has also completed the assessment of functional prototype tests successfully and given a green signal to the industrial commercialization of its first device exclusively committed to TKA via strategic manufacturers and partnerships along with securing a robust patent portfolio.

Source Credits: - https://www.businesswire.com/news/home/20220706005339/en/Ganymed-Robotics-Raises-%E2%82%AC21M-to-Complete-the-Development-of-Its-Next-Generation-Surgical-Robot-and-Prepare-for-a-Commercial-Launch

  • shareshare_icon
  • Twitter
  • Facebook
  • LinkedIn


About Author

Mateen Dalal     twitter

Mateen Dalal

A qualified electronics and telecommunication engineer, Mateen Dalal embarked on his professional journey working as a quality and test engineer. Harnessing his passion for content creation however, Mateen pens down industry-rich articles for ReportsGO.com and a few o...

Read More..

More News By Mateen Dalal

AWS and ATOS expand collaboration to achieve digital transformation faster

AWS and ATOS expand collaboration to achieve digital transformation faster

By Mateen Dalal

Amazon's subsidiary, Amazon Web Services, Inc. (AWS), has recently entered into a global Strategic Transformation Agreement with Atos, a leader in digital transformation, high-performance computing, and information technology infrastructure. This...

LadBible to lay off 10% of its workforce amid tough business conditions

LadBible to lay off 10% of its workforce amid tough business conditions

By Mateen Dalal

LadBible, one of the U.K.'s largest success stories in online media, is laying off 10% of its workforce as a result of a decline in its share price and a warning about difficult trading conditions. The Manchester-based corporation reportedly b...

Oral-B & iADH partner to make oral care positive & accessible for all

Oral-B & iADH partner to make oral care positive & accessible for all

By Mateen Dalal

Oral-B, a well-known American oral hygiene products brand, has reportedly inked a partnership deal with iADH (International Association of Disability and Oral Health), in order to make oral care more positive, accessible, and inclusive for disabled p...