About Vicarious Surgical
Vicarious Surgical is a robotics company that develops robotic systems that allow surgeons to perform minimally invasive surgery.
Headquarters
Vicarious Surgical, Waltham
Founded
2014-01-01
Industry
Health Care, Medical, Robotics, Virtual Reality
Last Funding Type
Post Ipo Equity
Valuation
2
Total Funding
$230.15 million dollars
IPO Status
Public
Financial
Vicarious Surgical is focused on advancing minimally invasive surgery through robotic systems. Their R&D includes pitch motion control of surgical instruments around a virtual center, enhancing stereoscopic visualization, and implementing multi-turn rotary actuators. They are developing cartridges for tool exchange, multispectral imaging cameras, and systems with internal degrees of freedom for laparoscopic surgery. Additionally, they are working on methods for controlling robotic arms in constrained spaces, drive assemblies, and tool exchanging mechanisms. Their research also encompasses depth perception, virtual reality surgical systems, force estimation, thermal management, lens cleaning for surgical cameras, and magnetic sensing systems for robotic procedures.
Vicarious Surgical announced a 1-for-30 reverse stock split following shareholder approval. The company had cash of $84 million as of March 2024, with a cash burn of $60 million over the past year, indicating a cash runway of approximately 17 months. Additionally, Vicarious Surgical beat earnings expectations in Q1 2024.
Vicarious Surgical announced a 1-for-30 reverse stock split following shareholder approval. The company had cash of $84 million as of March 2024, with a cash burn of $60 million over the past year, indicating a cash runway of approximately 17 months. Additionally, Vicarious Surgical beat earnings expectations in Q1 2024.
Funding Rounds
7
Number of Lead Investors
5
Total Funding Amount
$230.15 million dollars
Number of Investors
16