The utilisation of robotics within the medical field has surged over recent decades, with numerous companies introducing this emerging technology to enhance the capabilities of healthcare providers.
Look at Diligent Robotics that presents its Moxi robot, designed to undertake various delivery tasks within hospitals. In the year 2022, the company successfully raised over $30 million during a Series B funding round, building upon the initial $10 million garnered from a Series A round in March 2020.
$24 million for robot healthcare platform
Among the ranks of companies integrating robotics into healthcare, Mendaera, based in California, also stands out. The startup recently disclosed securing $24 million through a Series A funding round led by Lux Capital. Notable participants in the funding round include Operator Partners, Founders Fund, and Allen & Company, alongside investors such as Dr. Fred Moll, founder of Auris Health, Intuitive Surgical, and former U.S. Senator Bob Kerrey.
New production facility in Silicon Valley
Mendaera has created a teamwork-focused robot setup. This system brings together live pictures, smart computer programs, and robots to help doctors and nurses do accurate and dependable procedures more easily. The company’s next step is to build a place where they can make more of these systems and get official approval from the FDA.
With the funding, Mendaera has already announced its expansion into a production facility in Silicon Valley to support future growth and operations. The company has completed research and design of its collaborative robotic system and is now focused on completing development and obtaining FDA clearance. This new facility will enable rapid growth of the organisation, as well as volume manufacturing for product launch.
“Despite the impact that robotics has already made in healthcare, our team has worked diligently to develop a new category of robotic technology that will streamline patient care,” said Josh DeFonzo, Co-Founder and CEO of Mendaera, Inc. “We believe there is an opportunity to push the category further and dramatically improve access to intervention.”
“This is an incredibly exciting time for robotics in healthcare,” said Dr. Fred Moll. “Among the innovators in the field, Mendaera’s efforts to make robotics commonplace earlier in the healthcare continuum are unique and can potentially change the future of care delivery.”
“The most talented entrepreneurs – armed with truly unique technology – can create magical products,” said Peter Hebert, Co-Founder and Managing Partner of Lux Capital. “Fred and I had the distinct pleasure of working closely with Josh DeFonzo at Auris Health, and strongly believe that he will again build a generational healthcare company to transform provider workflows and patients’ lives.”
Revolutionises healthcare with AI and robotics
Founded by Josh DeFonzo and Jason Wilson in 2020 in California, Mendaera is developing technology that will allow all healthcare providers to do more for their patients. The company works with the aim to eliminate barriers in the patient journey, accelerate recovery, delight customers, and reduce the cost of care.
The company’s platform combines real-time imaging, robotics, and AI to enable precise and consistent intervention. In addition, Mendaera is building an ecosystem of industry-leading imaging and instrumentation partners to expedite its mission to democratise minimally invasive care.