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.