Levita Magnetics Secures $26M To Advance Disruptive Surgical Robotic System
08/11/22, 12:14 PM
Location
menlo parkMoney raised
$26 million
Industry
medical device
medical
biotechnology
health care
manufacturing
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.
Company Info
Location
4055a campbell ave
menlo park, california, united states
Additional Info
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).