Medrobotics Lands $10,000,000 New Funding Round

  • Feed Type
  • Date
    3/22/2013
  • Company Name
    Medrobotics
  • Mailing Address
    475 Paramount Drive Raynham, MA 02767
  • Company Description
    Medrobotics has exclusive worldwide licenses for its technologies from Carnegie Mellon University and the University of Pittsburgh as well as additional robust development of its own intellectual property portfolio. The Company has an operational facility in New England, with partners located throughout the United States.
  • Website
    http://www.medrobotics.com
  • Transaction Type
    Debt
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The financing precedes Medrobotics’ anticipated commercial launches in Europe and the United States.
  • M&A Terms
  • Venture Investor
    Hercules Technology Growth Capital

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