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Levita Magnetics Secures $26M To Advance Disruptive Surgical Robotic System

PRIVATEAug 11, 2022

Amount Raised

$26 Million

Round Type

Funding Round

Menlo ParkManufacturingBiotechnologyHealth CareMedicalMedical Device

Description

Levita Magnetics, on a mission to provide patients with more access to better surgery, today announced the closing of its $26 million Series C financing, which will be used to support regulatory and near-term commercial efforts in the United States for its Magnetic-Assisted Robotic Surgery (MARS) platform. The financing was led by a healthtech investment group managed by seasoned investor Evan Norton, with participation from MedTex Ventures, as well as Invermaster and Carao Ventures, amongst other returning investors. The company also announced the appointment of Maria Sainz as chairwoman to its board of directors.

Quick answer

Levita Magnetics International Corp. raised $26 Million in a Funding Round round, dated August 11, 2022. Levita Magnetics International Corp. is based in Menlo Park, California, United States.

How much did Levita Magnetics International Corp. raise?
Levita Magnetics International Corp. raised $26 Million in a Funding Round round on August 11, 2022.
What does Levita Magnetics International Corp. do?
The Levita Magnetic-Assisted Robotic Surgery (MARS) Platform is designed to improve the efficiency and quality of procedures in high-volume abdominal surgeries, improving surgical access to patients and enabling a less..
Where is Levita Magnetics International Corp. based and how big is it?
Levita Magnetics International Corp. is based in Menlo Park, California, United States.

Source: Fundz verified event record.

Who else raised in Medical and Medical Device around the same time

Companies in the same sectors as Levita Magnetics International Corp. that raised within 45 days of this round, from Fundz verified event records.

  • Neochord raised $2.9M (Seed) on September 8, 2022.
  • Monteris Medical raised $14M on September 2, 2022.
  • Xtant Medical Holdings raised $9.8M on August 24, 2022.
  • REVA Medical raised an undisclosed amount (Funding Round) on August 9, 2022.
  • Medcura raised $3.2M on July 29, 2022.
  • Flyte Aviation, Inc. raised $6.2M (Funding Round) on July 22, 2022.

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Company Information

Company

Levita Magnetics International Corp.

Location

4055A CAMPBELL AVE

Menlo Park, California, United States

About

The Levita Magnetic-Assisted Robotic Surgery (MARS) Platform is designed to improve the efficiency and quality of procedures in high-volume abdominal surgeries, improving surgical access to patients and enabling a less invasive approach with fewer incisions, while allowing the surgeon full control of the platform and surgical instruments directly beside the patient. The MARS Platform is an investigational system. It is not available for commercial sale in the United States and has not been cleared by the Food and Drug Administration (FDA).

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Levita Magnetics International Corp. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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