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Stock impact report

Mendaera secures $73m in funding for medical robotics expansion [Yahoo! Finance]

Butterfly Network, Inc. Class A (BFLY) 
Company Research Source: Yahoo! Finance
The capital injection will enable Mendaera to advance its mission of making complex technologies available for foundational medical procedures. The company will focus on refining a handheld robotic interventional platform that integrates robotics, AI, real-time imaging, and virtual connectivity. This platform is designed to be widely accessible, enhancing the capabilities of healthcare providers across various specialities and service sites. The newly acquired funds will be allocated to completing the development of Mendaera's robotic technology, expediting the advancement of its AI and connectivity features, and initiating the clinical introduction of its new platform. Mendaera founder and CEO Josh DeFonzo said: “Traditional surgical robots have established footing in the operating room. But robotics and AI have evolved to a point where we can deliver broader benefits across all parts of the healthcare system and enable higher standards of care for more patients. “We belie Show less Read more
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