Medrobotics is focused on developing the Flex Robotic System, which assists surgeons by providing single-site access and visualization to difficult-to-access anatomical locations.
The funding was provides through Palo Alto-headquartered Hercules’ Technology III fund.
Hercules specialises in providing senior secured loans to venture capital-backed companies in the tech, biotech, life science and cleantech sectors.
Since its launch in 2003 the firm has invested more than $3.4bn into more than 220 companies.
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