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Noah Medical raises $150 million to scale robotics surgery solutions

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Medical robotics innovator Noah Medical has raised $150 million in Series B funding.

With participation from a number of well-known institutional and strategic investors, Noah Medical says it will use the funds to meet rising demand for the Galaxy System, its next-generation, integrated solution for navigated robotic bronchoscopy.

Co-led by the Softbank Vision Fund and Prosperity7 Ventures, the oversubscribed round also included investments from Tiger Global, Hillhouse, Sequoia China, Shangbay Capital, Uphonest Capital, Sunmed Capital, Lyfe Capital, 1955 Capital, and AME cloud ventures, as well as undisclosed strategic and existing investors. [Read more…] about Noah Medical raises $150 million to scale robotics surgery solutions

Noah Medical unveils first trials of its Galaxy robotic surgical system in human patients

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Medical robotics innovator Noah Medical has unveiled its ongoing trial at Macquarie University Hospital in Sydney, Australia.

The Frontier study is a first-in-human trial focused on the safety and feasibility of the Galaxy System, which is designed to improve location accuracy and successful diagnosis of lung nodules using its proprietary TiLT+ Technology.

The study is enrolling a small cohort of patients with the goal of successfully navigating to and biopsying peripheral lung nodules. The Galaxy System’s unique navigation capabilities were created to enable improved diagnosis and quicker time to treatment. [Read more…] about Noah Medical unveils first trials of its Galaxy robotic surgical system in human patients

Aerobotix partners with FerRobotics to develop ‘first-of-its-kind’ end-of-arm-tool automated sander for flammable dust

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Aerobotix and FerRobotics, two robotics companies based in the US and Austria respectively, have partnered to create what they say is the first Class II, Division 1 (C2D1) End of Arm Tool (EOAT) automated sander.

Meeting industry demand for a hazardous-environment solution that will achieve time and cost efficiencies, and enable much safer work environments, this special orbital sander – based on the industry-proven Active Orbital Kit (AOK) with patented Active Compliant Technology – lessens human involvement in hazardous tasks.

Each year, according to the International Labour Organization, tens of millions of workers globally are afflicted with silicosis, an incurable lung disease caused by crystalline silica dust inhalation, leading to thousands of deaths. [Read more…] about Aerobotix partners with FerRobotics to develop ‘first-of-its-kind’ end-of-arm-tool automated sander for flammable dust