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MMI Raises $110 Million in Series C Financing

PRIVATEFeb 21, 2024

Amount Raised

$110 Million

Round Type

Series C

JacksonvilleBiotechnologySoftwareHealth CareMedicalMedical Device

Investors

Wellington PartnersSambatechRA CapitalPanakès PartnersFountain Healthcare PartnersDeerfield ManagementBio StarAndera PartnersFidelity Management & Research Company

Description

MMI (Medical Microinstruments, Inc.) announced a $110-million Series C financing led by Fidelity Management & Research Company, marking the largest ever investment in microsurgery innovation. The funds will support commercialization of the Symani® Surgical System in high-growth markets, continued investment in studies that generate clinical evidence and enable indication expansion, and accelerate advanced technology capabilities to scale its operational capabilities globally.

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Company Information

Company

Medical Microinstruments

Location

Jacksonville, Florida, United States

About

Medical Microinstruments (MMI) specializes in developing the Symani Surgical System, which enables surgeons to mimic human hand movements at a microscale and broaden treatment options for soft tissue and open surgical procedures.

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Medical Microinstruments 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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