MAKO Surgical gets $43 million from the sale of common stock. MAKO produces a robotic orthopedic surgical platform for implant placement. MAKO’s stock (NASDAQ:MAKO) has had a dramatic downward ride from a high of $45 to it’s present $14 because of missed revenue and earnings projections.
Revolve Robotics, a San Francisco start-up with a remote telepresence device, shared a $1.85 million round of funding with 4 other start-up companies in the LEMNOS Labs stable of hardware incubator companies.
Unmanned Innovation, a Newport Beach, CA start-up also in the LEMNOS Labs incubator group, is a producer of auto-pilot components for UAVs and also shares in the $1.85 million funding round.