Mendaera raises $73M to develop handheld robotics platform

MedTech Dive September 27, 2024
Nick Paul Taylor

Fred Moll, founder of surgical robotics firms Intuitive Surgical and Auris Health, participated in in the financing round, along with previous Auris investors.

Dive Brief:

• Mendaera raised $73 million to advance a handheld robotics platform for procedures such as biopsies, organ and vascular access, and pain management, the company said Thursday.
• The Silicon Valley-based firm said it is targeting a new category of robotics focused on common procedures that are involved in many patients’ treatment.
• Mendaera was co-founded by two former employees of Auris Health, the robotics company that Johnson & Johnson acquired for an initial $3.4 billion. Fred Moll, the founder of Intuitive Surgical and Auris, and venture capital funds that invested in Auris participated in Mendaera’s financing.
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