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VR Medical Company Vicarious Surgical Closes Series A Funding

Company specialising in VR surgical technology gets funding injection to continue development.

With numerous opportunities opening up for use of immersive technologies such as virtual reality (VR) and augmented reality (AR) in the medical field, a number of companies have risen to this challenge. One of them is Vicarious Surgical, which has recently closed a Series A funding round.

Vicarious Surgical uses VR along with surgical robots to allow surgeons to perform minimally invasive surgery with a single incision. The company has successfully raised $16.76 million (USD) in a funding round led by Vinod Khosla’s Khosla Ventures.

“We are thrilled to have support from such a strong group of investors, who will help us build out our team as we continue to develop our technology,” said Adam Sachs, Chief Executive Officer and Co-Founder of Vicarious Surgical. “Our platform will improve patient access to the latest in minimally invasive robotic surgery. We believe the best surgical technology should not be limited to major hospitals, and we are grateful to partner with investors who share this mission.”

Other major investors involved with the funding round were Bill Gates’ Gates Ventures, Jerry Yang’s AME Cloud Ventures, Marc Benioff and Eric Schmidt’s Innovation Endeavours. The company is planning to use the funding to support the next phase of its growth and development.

“Vicarious Surgical is using miniaturized robotics and immersive virtual reality to give surgeons superpowers, exponentially improving visibility and accuracy in minimally invasive surgery,” said Dror Berman, Founding Partner of Innovation Endeavors. “This approach is poised to drive a super evolution in surgical care that will save lives.”

“When we first invested in Vicarious Surgical’s seed round in 2016, virtual reality surgical robotics was still a proof-of-concept,” said Samir Kaul, Founding General Partner at Khosla Ventures. “We are excited to see the progress they have made in just two years and are proud to partner with them as they develop surgical robotics around the needs of surgeons and patients worldwide.”

For further news on developments in the VR industry, keep checking back with VRFocus.

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