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Virtual Incision gets $20mm in B+ round

Executive Summary

Virtual Incision Corp. (developer of a miniaturized surgical robot) raised $20mm in its Series B+ financing led by returning shareholder Bluestem Capital, which was joined by other existing investors and first-time backers including Genesis Innovation Group. The company will use the proceeds for clinical and regulatory activities leading up to the eventual commercialization of its MIRA (Miniaturized In vivo Robotic Assistant). Virtual Incision concurrently filed an IDE application for the device.
Deal Industry
  • Medical Devices
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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