The layoffs will reduce cash burn and boost R&D spending to get a quality robotic surgery system “out the door fast.”
Amazon Astro underwhelms; Vicarious Surgical CEO Adam Sachs
Amazon unveiled its much-anticipated consumer robot earlier this week. We share our thoughts about Astro and hear from callers who share their opinions about Amazon’s first consumer robot.
Vicarious Surgical going public via $1.1B SPAC deal
Vicarious Surgical will go public through a $1.1 billion special purpose acquisition company (SPAC) deal, the robotic surgery pioneer announced. Vicarious, which has sought to bring robotics and virtual reality to minimally invasive surgery, will trade on the New York Stock Exchange under the symbol RBOT after the merger with D8 Holdings. Hong Kong–based D8…
Vicarious Surgical raises $13.2M toward commercializing surgical robotics, VR
Vicarious Surgical said its latest capital will help it develop its robotics and virtual reality system for minimally invasive surgery.
Vicarious Surgical granted FDA Breakthrough Device designation, names Scott Huennekens to board
The FDA granted Breakthrough Device designation to Vicarious Surgical in the first such classification of a surgical robot.
Robotics investments February 2019
Robotics investments totaled at least $4.3 billion in February 2019 in a steep increase from January, which had about $1.4 billion. In addition, companies reported approximately $3.9 billion worth of acquisitions this past month. Any political or economic jitters have not yet harmed the mood for robot deals. The Robotic Industries Association noted yesterday that robot…
Vicarious Surgical raises $10M for robot-assisted surgery
Vicarious Surgical, a Cambridge, Mass.-based healthcare robotics startup, raised another $10 million for the virtual reality-augmented robot-assisted surgery platform it’s developing, according to an SEC filing. The latest round of funding follows on the heels of a nearly $17 million Series A round announced in April 2018. Vicarious Surgical first reported a $2.4 million raise…