Healthcare Robotics Platform Mendaera Receives Investment

Mendaera, a California-based healthcare robotics company, announced that it has raised $24 million in Series A funding led by Lux Capital. Investors Dr Fred Moll, founder of Auris Health, Intuitive Surgical and former US Senator Bob Kerrey, along with Operator Partners, Founders Fund and Allen & Company participated in the round.

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Mendaera

Mendaera has completed the research and design process of a collaborative robotic system that combines real-time imaging, artificial intelligence and robots to help providers make "precise and consistent intervention more accessible". It plans to open a manufacturing facility to complete the development of its technology and obtain FDA approval. The use of robotics in medicine has increased over the past few decades. Many companies are offering this new technology to help providers improve their practices.