Robohub.org
 

Mazor Robotics to get $15 million equity funding; Medrobotics gets $8

by
12 August 2012



share this:

… Larry Ellison’s Oracle Investment Management invested $7.5 million; the remainder comes from an issuance of ordinary shares.
… Part of the deal is to upgrade Mazor Robotic‘s Israeli ADR to be listed on the American NASDAQ.
… Mazor sales are rising steadily as more hospitals are acquiring their Renaissance™ spine surgery/implant system. Second quarter financial results reflect a four-fold increase from a year ago. “We have made significant progress in placing our Renaissance systems in prestigious hospital networks, particularly within the important U.S. market,” says company CEO.
Medrobotics, a robotic surgical products company making cardioARM, a robotic probe controlled remotely and designed to enable surgeries with minimal or no incisions, filed an $8M round of equity, warrants and other options as part of a $20 million Series D offering. A total of 18 investors participated.




Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.
Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.





Related posts :



Robot Talk Episode 64 – Rav Chunilal

In the latest episode of the Robot Talk podcast, Claire chatted to Rav Chunilal from Sellafield all about robotics and AI for nuclear decommissioning.
31 December 2023, by

AI holidays 2023

Thanks to those that sent and suggested AI and robotics-themed holiday videos, images, and stories. Here’s a sample to get you into the spirit this season....
31 December 2023, by and

Faced with dwindling bee colonies, scientists are arming queens with robots and smart hives

By Farshad Arvin, Martin Stefanec, and Tomas Krajnik Be it the news or the dwindling number of creatures hitting your windscreens, it will not have evaded you that the insect world in bad shape. ...
31 December 2023, by

Robot Talk Episode 63 – Ayse Kucukyilmaz

In the latest episode of the Robot Talk podcast, Claire chatted to Ayse Kucukyilmaz from the University of Nottingham about collaboration, conflict and failure in human-robot interactions.
31 December 2023, by

Interview with Dautzenberg Roman: #IROS2023 Best Paper Award on Mobile Manipulation sponsored by OMRON Sinic X Corp.

The award-winning author describe their work on an aerial robot which can exert large forces onto walls.
19 November 2023, by

Robot Talk Episode 62 – Jorvon Moss

In the latest episode of the Robot Talk podcast, Claire chatted to Jorvon (Odd-Jayy) Moss from Digikey about making robots at home, and robot design and aesthetics.
17 November 2023, by





©2024 - Association for the Understanding of Artificial Intelligence


 












©2021 - ROBOTS Association