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This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

Vicarious Surgical Secures an Additional $10 Million in Funding

February 14, 2019

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Feb 14, 2019--Vicarious Surgical today announced that it has closed a $10 million round of additional funding led by Bill Gates’ Gates Frontier. Gates, a previous backer, was joined with repeat commitments from Vinod Khosla’s Khosla Ventures, Eric Schmidt’s Innovation Endeavors, Jerry Yang’s AME Cloud Ventures, and Marc Benioff.

Vicarious Surgical combines virtual reality with proprietary human-like surgical robotics to enable surgeons to perform minimally invasive surgery through a single micro-incision. Through the company’s innovative technology, Vicarious Surgical has achieved what has been the goal of surgical robotics since the field’s inception -- to shrink the surgeon and put them inside the patient. The company will use the funds to support the next phase of its growth and drive development of a commercial product.

“Since our A round last year, we have grown our team to include industry-leading executives from both the surgical and industrial robotics fields,” said Adam Sachs, Chief Executive Officer and Co-Founder of Vicarious Surgical. “Our incredible team, with the support of leading technology investors, continues to drive our robot from prototype to product.”

“With an expanded team driving toward their first product, Vicarious Surgical is rapidly achieving their mission of using miniaturized robotics and immersive virtual reality to give surgeons improved capabilities,” said Dror Berman, Founding Partner of Innovation Endeavors. “We are excited to continue our commitment to Vicarious Surgical and to the super evolution of surgery.”

About Vicarious Surgical

Led by an experienced team of technologists and physicians, and backed by technology luminaries, Vicarious Surgical is applying the latest innovation in robotics and virtual reality to create a new paradigm in minimally invasive surgeries. Co-Founders Adam Sachs and Sammy Khalifa were recently recognized in Forbes’ 30 Under 30 in both the manufacturing and big money categories.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190214005579/en/

CONTACT: Adam Sachs

617-868-1700

media@vicarioussurgical.com

KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS

INDUSTRY KEYWORD: SURGERY TECHNOLOGY NANOTECHNOLOGY HEALTH RESEARCH SCIENCE

SOURCE: Vicarious Surgical

Copyright Business Wire 2019.

PUB: 02/14/2019 10:16 AM/DISC: 02/14/2019 10:16 AM

http://www.businesswire.com/news/home/20190214005579/en