Convergence Medical raised $5 million in a Series A led by Avicella Capital to commercialize their arthroscopic surgical robot in the US market.

Jan 16, 2025•11 months ago

Amount Raised

$5 Million

Round Type

series a

BrisbaneMedical DeviceMedicalBiotechnologyHealth CareManufacturing

Investors

Avicella Capital

Description

Convergence Medical, a medtech startup, has raised $5 million in a Series A funding round. The funds will be used to support the commercialization of their robotic technology aimed at the arthroscopic surgery market in the US.

Company Information

Company

Convergence Medical

Location

Brisbane, Queensland, Australia

About

Convergence Medical is a medtech startup focused on developing advanced surgical technologies. The company aims to enhance the efficiency and precision of arthroscopic surgeries through its innovative robotic solutions. Founded by orthopaedic doctor Chris Jeffery, it strives to improve patient outcomes in surgical procedures. The V01 robot is designed to alleviate the physical and cognitive demands on surgeons, promoting better surgical practices.

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