Think Surgical raised $134 million for TSolution One, its robot-assisted hip and knee replacement device, Mass Device reports.
Three highlights:
1. Think Surgical brought in $134.2 million through an offering of debt, options, warrants and other securities. Six unnamed investors participated in the funding round.
2. The company aims to raise $140 million.
3. TSolution One is approved for total hip procedures in the U.S. and Europe. It gained CE Mark approval for total knee indication in December 2017, and Think Surgical is now seeking FDA approval for the indication.
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