Robotic Technology for Treating Hair Loss Gets $41 Million

By Frank Tobe | September 3, 2011

Restoration Robotics, Inc received clearance from the FDA in April for it's ARTAS® System for harvesting hair follicles from the scalp in men. It combines an image-guided robotic arm, special imaging technologies, small dermal punches, and a computer interface to identify and harvest individual follicular units – and it does it less painfully, with shorter recovery times, and more efficiency than present methods.

Now it has received $41 million in a series C round of financing from Clarus Ventures, Sutter Hill Ventures, Alloy Ventures and Interwest Partners to provide the means to bring the product to market.

About The Author

Frank Tobe

Frank Tobe is the founder of The Robot Report and co-founder of ROBO Global which has developed a tracking index for the robotics industry, the ROBO Global™ Robotics & Automation Index. The index of ~90 companies in 13 sub-sectors tracks and captures the entire economic value of this global opportunity in robotics, automation and enabling technologies.