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CMR Surgical's Versius Close To Launch With $100m Round

 
• By Tina Tan

Robotic surgery specialist CMR Surgical has closed perhaps the biggest medtech-related private financing round in Europe to date. The $100m financing, which comes from existing European shareholders and a new Chinese investor, puts the firm on track to CE mark its Versius system this year.

Investment
This $100m investment brings CMR Surgical's Versius closer to launch time

Less than a year since completing its series A round, CMR Surgical has raised $100m in series B financing - over twice the size of its previous round and said to be the biggest medical device private equity raise in Europe ever.

Cambridge, UK-based CMR Surgical will use the proceeds to complete preclinical, validation studies of Versius, a compact and portable robotic system "inspired by the human arm." It is designed to...

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