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Hikma Ventures leads $15 million Series B extension in Activ Surgical

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Hikma Pharmaceuticals’ venture capital arm, Hikma Ventures, has led an $15 million round of financing for Activ Surgical, a pioneering digital surgery imaging startup that is developing groundbreaking interoperative surgical intelligence hardware and software.

The investment is an extension of the Series B round that was previously announced by Activ Surgical in September 2021. This most recent financing, which also saw participation from existing investors, brings the total Series B round to $60 million.

Activ Surgical aims to revolutionize access to surgical care, enabling a future of augmented reality-based and artificial intelligence (AI)-driven surgery that is safe, smart, and accessible to all. [Read more…] about Hikma Ventures leads $15 million Series B extension in Activ Surgical

Activ Surgical completes first in-human procedures to demonstrate impact of its surgical intelligence and sensing platform

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Activ Surgical, a digital surgery company, has completed its first in-human surgery clinical trial utilizing the company’s technology-as-a-service bundle – the ActivInsights augmented reality-based software suite and the ActivSight imaging module.

Procedures for the study at The University of Texas Health Science Center at Houston (UTHealth Houston) were led by Dr Erik Wilson, professor in the Department of Surgery at McGovern Medical School at UTHealth and a leading bariatric, endoluminal and robotic general surgeon; and Dr Shinil Shah, associate professor at UTHealth Houston and a preeminent general surgeon with expertise in advanced gastrointestinal surgery.

The safety and feasibility study was conducted across bariatric, colorectal and gallbladder procedures – surgeries in which intraoperative assessment of perfusion and anatomic structures are critical to prevent costly and life-threatening complications. [Read more…] about Activ Surgical completes first in-human procedures to demonstrate impact of its surgical intelligence and sensing platform

Activ Surgical secures $45 million in Series B funding led by Cota Capital

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Activ Surgical, a digital surgery pioneer, has raised $45 million in a Series B financing round. The Series B round was led by Cota Capital, a multi-stage investment firm focused on private and public modern enterprise technology companies.

Seven new investors, including BAM Funds, Magnetar Capital, Mint Ventures, Castor Ventures, Dream One Vision and Nvidia, join existing investors DNS Capital,Tao Capital Partners, LRVHealth, Rising Tide VC, GreatPoint Ventures and ARTIS Ventures to close out the Series B round of financing.

To date, Activ Surgical has raised a total of $77 million. [Read more…] about Activ Surgical secures $45 million in Series B funding led by Cota Capital