The round was led by SoftBank Vision Fund 2, and included support from Saudi Aramco P7 Venture Fund and the Yuanjing Vision Plus Capital.
Yuanhua Intelligent Technologies announces financing round
Cornerstone Capital, a Chinese private equity investment institution, led the funding round for Yuanhua Intelligent Technologies.
Distalmotion, the company behind Dexter, raises $90 million in funding
Distalmotion plans to use the funding to commercialize Dexter globally, and pursue FDA approval for the system.
Intuitive Surgical announces Q4 financial earnings
Worldwide procedures performed with the da Vinci surgical robot increased 19% compared to the fourth quarter of 2020.
Exoskeleton developer Wandercraft raised $45M in funding
Atalante is a self-balanced, lower-body exoskeleton that emulates the way humans walk. The company began clinical trials for the exoskeleton in 2017. It was CE marked in 2019.
First 3 U.S. facilities adopt Hominis surgical robotics system
Memic’s Hominis system will be used in single-site, natural orifice laparoscopic-assisted transvaginal benign gynecological procedures.
Blue Ocean Robotics raises $51 million for mobile robots
Blue Ocean currently has three mobile robot brands in its portfolio, but the company is currently developing four new types of service robots.
Labrador Systems building AMRs for home assistance
Labrador Systems’ Retriever and Caddie robots can autonomously navigate a home carrying payloads up to 25 lbs.
Brain-computer interface startups augmenting human body
The brain-computer interface market is all-encompassing, but a major promise is connecting robotic parts to compensate for human frailties.
J&J must face lawsuit in $3.4B Auris Health acquisition
Lawsuit alleges J&J executives misrepresented their intentions when it acquired Auris Health for $3.4 billion in 2019.
Healthcare Robotics Engineering Forum call for speakers
International technical conference and expo addresses engineering challenges faced when designing and developing healthcare robotics products and services.
ABB, PAL Robotics showcase mobile manipulator
ABB integrated a two-arm YuMi cobot onto an AMR from PAL Robotics at a new lab in Spain.
Roam partners with VA to test robotic knee brace
Ascend is intended to help those with knee pain perform everyday tasks, like walking, going up stairs or standing up.
Movia launches TheraPal robots for cognitive, social development
The new robotic aides are designed to be used by parents, therapists and other healthcare professionals for the development and learning of individuals with neurodevelopmental or intellectual challenges
Meet Moxi, the robot helping to lighten nurses’ workload
Moxi was first brought to Cedars Sinai in September 2021, and in just its first six weeks, it saved 300 miles of walking for nurses.
Ultra-compact camera is the size of a grain of salt
Researchers said the tiny camera could someday be used with medical robots to diagnose and treat diseases.
DePuy Synthes buys OrthoSpin and its robotic external fixation system
OrthoSpin’s robot-assisted external fixation system for orthopedic treatments is a platform used in DePuy Synthes’ Maxframe.
Virtual Incision raises $46M for miniature surgical robot
The funding will support regulatory and clinical programs leading to the commercialization of the MIRA, as well as for research and development efforts.
Medtronic: Hugo surgical robot behind schedule
Medtronic’s rollout of their Hugo robotics assisted surgical robot will be delayed due to supply-chain issues.
Robotics Summit & Expo returns to Boston in May 2022
Robotics Summit & Expo returns to Boston in May 2022 with deepened coverage, an expanded showfloor, and co-location with Healthcare Robotics Engineering Forum.
Myomo hits record $4.4M in sales during Q3
Myomo said this is a 128% increase year over year and the highest quarterly revenue in the company’s history.
Ottobock acquiring fellow exoskeleton maker SuitX
Terms of the deal were undisclosed, but Ottobock acquired 100% of suitX shares.