Cambridge Medical Robotics announces that it has raised $20.3 million for developing a next-generation robotic system for universal minimal access surgery.A funding round from new financial investor including Cambridge Innovation Capital,LGT Global Invest and ABB Technology Ventures.
Following the successful start of clinical cadaveric trials will empower CMR to proceed on its way towards turning into a global medical device manufacturer.Specifically, the proceeds will be used to progress development and commercialisation of its medical robotic technology, and to expand the team in preparation for regulatory approval.
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