Robotics company raises $20M for compact surgical robotic program — 3 insights

Virtual Incision Corp. closed a $20 million series B financing round supporting commercialization efforts for its MIRA Surgical Robotic Platform.

What you should know:

1. The robotics platform is designed for hospitals and surgery centers. The platform is smaller than a traditional platform and doesn't require the same infrastructure "mainframe" robotic systems do. For example, the company's single-incision platform weighs 2 pounds and can be easily moved.

2. The system's unspecified price point is "significantly lower" than other commercially available systems, according to a release.

3. Returning investor Bluestem Capital led the round, with support from PrairieGold Venture Partners, Genesis Innovation Group and other investors.

More articles on surgery centers:
The ASC as a Revenue Generator: How to optimize out-of- network reimbursements
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Cigna to drop Dignity Health hospitals, surgery centers, medical groups in 2020

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