Convergence Medical Robotics

Convergence Medical Robotics

Innovative arthroscopic robot enhancing surgical precision and dexterity with 21 degrees of freedom.

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AUD5.0m

Valuation: AUD30.0m

Series A
Total Funding000k
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Convergence Medical is a pre-clinical startup focused on revolutionizing arthroscopic surgery through advanced robotics. The company has developed the V01, the first arthroscopic robot designed to improve minimally invasive surgery by enhancing operative perception, dexterity, and precision. Serving the healthcare sector, particularly orthopedic surgeons, Convergence Medical aims to address the complexities and limitations of traditional arthroscopy, which affects over 50 million patients annually. The business model involves the development and eventual commercialization of their robotic system, generating revenue through sales and partnerships with global robotics, optical, software, and electrosurgical companies. The company has successfully completed a seed round to fund the development of the second-generation V01 and is preparing for FDA submission.

Keywords: arthroscopic robot, minimally invasive surgery, surgical precision, dexterity, healthcare innovation, orthopedic surgery, robotics, medical device, FDA submission, clinical development.

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