The Robot Report

  • Home
  • News
  • Technologies
    • Batteries / Power Supplies
    • Cameras / Imaging / Vision
    • Controllers
    • End Effectors
    • Microprocessors / SoCs
    • Motion Control
    • Sensors
    • Soft Robotics
    • Software / Simulation
  • Development
    • Artificial Intelligence
    • Human Robot Interaction / Haptics
    • Mobility / Navigation
    • Research
  • Robots
    • AGVs
    • AMRs
    • Consumer
    • Collaborative Robots
    • Drones
    • Humanoids
    • Industrial
    • Self-Driving Vehicles
    • Unmanned Maritime Systems
  • Business
    • Financial
      • Investments
      • Mergers & Acquisitions
      • Earnings
    • Markets
      • Agriculture
      • Healthcare
      • Logistics
      • Manufacturing
      • Mining
      • Security
    • RBR50
      • RBR50 Winners 2025
      • RBR50 Winners 2024
      • RBR50 Winners 2023
      • RBR50 Winners 2022
      • RBR50 Winners 2021
  • Resources
    • Automated Warehouse Research Reports
    • Digital Issues
    • eBooks
    • Publications
      • Automated Warehouse
      • Collaborative Robotics Trends
    • Search Robotics Database
    • Videos
    • Webinars / Digital Events
  • Events
    • RoboBusiness
    • Robotics Summit & Expo
    • DeviceTalks
    • R&D 100
    • Robotics Weeks
  • Podcast
    • Episodes
  • Advertise
  • Subscribe

Levita Magnetics raises $26M for Magnetic-Assisted Robotic Surgery platform

By Jim Hammerand | August 14, 2022

Levita’s Magnetic-Assisted Robotic Surgery (MARS) platform | Photo courtesy of Levita

Levita Magnetics said it has raised $26 million to fund regulatory and commercial progress on its Magnetic-Assisted Robotic Surgery (MARS) platform.

The Menlo Park, California-based robotic surgery system developer also appointed Maria Sainz as chair of its board of directors.

The MARS platform is designed to help surgeons perform more high-volume abdominal procedures using fewer incisions and less personnel.

Levita won FDA de novo classification for its Levita Magnetic Surgical System in 2015. That handheld device uses a magnet placed outside of a patient’s abdomen to control a magnetic grasper inside the body during surgery, requiring only one incision instead of two.

The device requires someone to hold the external magnet while the surgeon is operating, but the new MARS platform assists with the external magnet and gives the surgeon more control and visibility. The system has a compact footprint meant for outpatient or same-day discharge procedures.

Levita Magnetics' Magnetic Surgical System

The Levita Magnetics’ Magnetic Surgical System uses a magnet outside of the body to eliminate one of the incisions in high-volume abdominal procedures. | Image courtesy of Levita Magnetics

Levita announced the first procedures with its MARS system in July 2021. The company now says more than 30 procedures have been performed with the investigational system in a clinical trial in Chile, including sleeve gastrectomy and same-day discharge cholecystectomy procedures.

“The disruptive approach leveraging Levita’s core proprietary magnetic technology within a robotic platform has enormous potential in changing the way surgery is performed at a global scale,” Sainz said in a news release. “I’m excited about Levita’s compelling vision and look forward to supporting the company as it begins its next chapter.”

Sainz replaces Glen French as Levita’s board chair, a role he held for nearly a decade. The company said French moved to an advisory role for the board.

Levita said its Series C funding round was led by a “healthtech investment group managed” by Evan Norton but did not name the group. Norton identifies himself on LinkedIn as a managing partner of healthcare growth equity and venture capital investment firm Ballast Capital, and public records show an entity called Ballast Capital Levita LLC was incorporated earlier this year.

MedTex Ventures, Invermaster and Carao Ventures also participated in the funding round.

A portrait of Dr. Alberto Rodriguez-Navarro, CEO and founder of Levita Magnetics

Dr. Alberto Rodriguez-Navarro is the CEO and founder of Levita Magnetics. | Photo courtesy of Levita

“We are thrilled to have the support of this premier group of forward-thinking investors as we take the company to the next level with our unique approach to surgical robotics,” Levita Magnetics founder and CEO Dr. Alberto Rodriguez-Navarro said in a news release. “At Levita, we believe that everyone deserves robotics, and our robotic platform is poised to solve the big problem of restricted access worldwide to robotic surgery.”

Tell Us What You Think! Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Articles Read More >

Headshot of Giovanni Campanella and podcast logo.
Safety and efficiency in robotics design
WeRide's autonomous vehicles.
Uber investing $100M into WeRide to bring robotaxis to 15 cities
headshots of JP Hathout and Kevin Dumas.
Teradyne Robotics makes leadership changes at MiR, UR
Two Glacier robotic recycling sorter systems in a MRF.
Glacier brings in $16M and announces new Recology King deployment

RBR50 Innovation Awards

“rr
EXPAND YOUR KNOWLEDGE AND STAY CONNECTED
Get the latest info on technologies, tools and strategies for Robotics Professionals.
The Robot Report Listing Database

Latest Episode of The Robot Report Podcast

Automated Warehouse Research Reports

Sponsored Content

  • Sager Electronics and its partners, logos shown here, will exhibit at the 2025 Robotics Summit & Expo. Sager Electronics to exhibit at the Robotics Summit & Expo
  • The Shift in Robotics: How Visual Perception is Separating Winners from the Pack
  • An AutoStore automated storage and retrieval grid. Webinar to provide automated storage and retrieval adoption advice
  • Smaller, tougher devices for evolving demands
  • Modular motors and gearboxes make product development simple
The Robot Report
  • Mobile Robot Guide
  • Collaborative Robotics Trends
  • Field Robotics Forum
  • Healthcare Robotics Engineering Forum
  • RoboBusiness Event
  • Robotics Summit & Expo
  • About The Robot Report
  • Subscribe
  • Contact Us

Copyright © 2025 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | Advertising | About Us

Search The Robot Report

  • Home
  • News
  • Technologies
    • Batteries / Power Supplies
    • Cameras / Imaging / Vision
    • Controllers
    • End Effectors
    • Microprocessors / SoCs
    • Motion Control
    • Sensors
    • Soft Robotics
    • Software / Simulation
  • Development
    • Artificial Intelligence
    • Human Robot Interaction / Haptics
    • Mobility / Navigation
    • Research
  • Robots
    • AGVs
    • AMRs
    • Consumer
    • Collaborative Robots
    • Drones
    • Humanoids
    • Industrial
    • Self-Driving Vehicles
    • Unmanned Maritime Systems
  • Business
    • Financial
      • Investments
      • Mergers & Acquisitions
      • Earnings
    • Markets
      • Agriculture
      • Healthcare
      • Logistics
      • Manufacturing
      • Mining
      • Security
    • RBR50
      • RBR50 Winners 2025
      • RBR50 Winners 2024
      • RBR50 Winners 2023
      • RBR50 Winners 2022
      • RBR50 Winners 2021
  • Resources
    • Automated Warehouse Research Reports
    • Digital Issues
    • eBooks
    • Publications
      • Automated Warehouse
      • Collaborative Robotics Trends
    • Search Robotics Database
    • Videos
    • Webinars / Digital Events
  • Events
    • RoboBusiness
    • Robotics Summit & Expo
    • DeviceTalks
    • R&D 100
    • Robotics Weeks
  • Podcast
    • Episodes
  • Advertise
  • Subscribe