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Promaxo Receives Direct Investment From Surgical Robotics Industry Pioneer Fred Moll And Announces Appointment As Strategic Advisor

PRIVATEOct 04, 2023

Round Type

Venture

OaklandBiotechnologySoftwareHealth Care

Description

Promaxo, Inc. (“Promaxo” or the “Company”), a medical imaging, robotics, and AI technology company, announced today that it has received a direct investment from Fred Moll, M.D., industry pioneer and leader in surgical robotics and minimally invasive surgery, with more than 40 years of experience of building and leading innovative medical device companies. Promaxo also appointed Dr. Moll as strategic advisor.

Quick answer

Promaxo raised an undisclosed amount in a funding round, dated October 4, 2023. Promaxo is based in Oakland, California, United States.

How much did Promaxo raise?
Promaxo raised an undisclosed amount in a funding round on October 4, 2023.
What does Promaxo do?
With a compact and adaptable MRI, Promaxo is redefining the standard of care by improving the quality and speed of patient diagnosis and interventions.
Where is Promaxo based and how big is it?
Promaxo is based in Oakland, California, United States. Fundz records about 57 employees.
Who are the decision-makers at Promaxo?
Fundz holds 1 contact at Promaxo. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology and Software around the same time

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

  • SURGLASSES raised $6.5M (Funding Round) on November 9, 2023.
  • Zephyr AI, Inc. raised $111M on October 27, 2023.
  • Bionano Genomics raised $35M on October 13, 2023.
  • Streamex Corp. raised $861K (Seed) on October 12, 2023.
  • RedHill Biopharma Ltd raised $4M (Seed) on September 28, 2023.
  • Streamex Corp. raised $1.2M (Seed) on September 21, 2023.

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Company Information

Company

Promaxo

Location

70 WASHINGTON ST, STE 407

Oakland, California, United States

About

With a compact and adaptable MRI, Promaxo is redefining the standard of care by improving the quality and speed of patient diagnosis and interventions. In March 2021, the company received 510(k) clearance from the U.S. FDA for its revolutionary office-based MRI system, allowing practices and hospitals to seamlessly guide prostate interventions under the single-sided scanner.

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Related People

1 contact
Verified contacts8 people are listed at Promaxo. We don't have their email yet.See plans and pricing
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Promaxo 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.