![]() ![]() ![]() Similarly, TransEnterix offered $20.3 million in stock as it continues developing its Senhance system for multiple procedures. Titan Medical, which is preparing its Sport device for FDA approval, offered $22 million. Keranova, which is working on a robot-assisted laser for cataract surgery, raised $26.5 million. The company, formerly known as Cambridge Medical Robotics, plans to soon launch its Versius surgical robot for abdominal procedures in Europe and Asia. On the investments side, CMR Surgical raised $240 million in its Series C round. The medical device maker plans to add their advanced imaging and surgical robotics capabilities to its portfolio for spinal procedures.Īnother acquisition was Globus Medical’s purchase of StelKast, which is developing a robot-assisted joint reconstruction system, for $24.1 million. Stryker’s acquisition of Mobius Imaging and its subsidiary Cardan Robotics for $500 million was the largest transaction of the month. Healthcare robotics companies raised more than $340 million in September 2019. Healthcare sews up biggest robotics deals of September Robotics Mergers & Acquisitions, September 2019 Company The Robot Report has also compiled a list of 10 notable mergers and acquisitions in the first half of 2019. Half of this month’s total for robotics deals was the value of acquisitions by Stryker and Shopify. Some industry observers have expressed concern that such activity has slowed, particularly in Asia. The number of mergers and acquisitions held steady between August and September 2019, with six each month. Sidewalk Labs, Ingka Group, Geolo Capital, Khosla Ventures Mérieux Equity Partners, Supernova Invest LGT, Escala Capital Investments, Cambridge Innovation Capital, Watrium, Zhejiang Silk Road Fund dollars, where amounts were publicly available: Robotics Investments September 2019 Company ![]() The table below lists investments in millions of U.S. See also our roundup of the 20 largest investments in the first half of this year. There were 39 investments in September 2019, compared with 37 last month. That amount was less than the approximately $10 billion in robotics deals in the same month last year or July 2019, but about the same as the $2 billion in recorded for August 2019. The Robot Report tracked robotics deals worth more than $2.4 billion in September 2019. These were followed by a variety of applications of robots, drones, and artificial intelligence. Last month, robot-assisted surgery and autonomous vehicles won the most investments. Stryker’s NAV3i navigation platform works with Mobius Imaging’s Airo TruCT scanner. Several robotics deals focused on healthcare in September 2019. ![]()
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