Mendaera Closes $73M Series B Financing to Scale Robotics and AI Across Mainstream Medical Procedures
Doximity, Inc. Class A (DOCS)
Company Research
Source: Business Wire
With its first-of-its-kind platform, Mendaera is pioneering a new category in medical robotics SAN MATEO, Calif,--(BUSINESS WIRE)--Mendaera, Inc., a Silicon Valley-based healthcare technology company developing a handheld robotic interventional platform, announced today the close of $73 million in Series B funding led by Threshold Ventures, with participation from investors including Lux Capital, PFM Health Sciences, and Fred Moll (founder of Intuitive Surgical and Auris Health). The financing will further Mendaera’s efforts to scale robotics and AI across mainstream medical procedures.The healthcare system is facing an increasing supply and demand crisis, where the ability to consistently deliver high-quality care to patients is hampered by healthcare provider shortages and rising costs. This problem is especially pronounced for highly prevalent, commonplace procedures that exist along most patient journeys between initial consultation and recovery – critical procedures such as bi
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