Announced
Completed
Financials
Sources
Tags
Italy
Cross Border
Private Equity
Minority
Medical Equipment
Acquisition
robotics
Private
Friendly
Venture Capital
Completed
Single Bidder
Synopsis
Fidelity Management & Research Company, an American multinational financial services corporation, led a $110m Series C round in Medical Microinstruments, a robotics company. “Against a backdrop of plateauing investments in medical robotics, this support builds on our confidence in a new, less invasive solution for open surgery, a significant market that can benefit from the smallest wristed microinstruments. Our Symani Surgical System is uniquely positioned to expand patient access to care by accelerating the number of surgeons able to perform complex, delicate procedures. With the support of our investors, we will continue to advance our technology through a growing body of clinical evidence and expanded hospital partnerships,” Mark Toland, MMI CEO.
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