Health Care Robotics Platform Mendaera Raises $24M

Mendaera, a health care robotics company, is expanding operations following the closure of its series A funding round with $24 million.

The round was led by Lux Capital, with participation from Founders Fund, Operator Partners, and Allen & Company.

Other investors include Intuitive Surgical and Auris Health founder Fred Moll and former U.S. Senator Bob Kerrey.

Mendaera is developing a health care platform that combines robotics, AI and real-time imaging to improve diagnosis and intervention capabilities. The platform is being designed to make health care more accessible by accelerating treatment processes without incurring high costs.

The company already completed the research and design of the system. The next steps include looking at completing development and receiving FDA approval.

With the new funds, Mendaera is establishing a production facility in Silicon Valley to accelerate and support its growth. The team is also working to create an “ecosystem of industry-leading imaging and instrumentation partners” in pursuit of its goal of democratizing minimally invasive care.

“Despite the impact that robotics has already made in health care, our team has worked diligently to develop a new category of robotic technology that will streamline patient care,” said Josh DeFonzo, Mendaera’s CEO. “We believe there is an opportunity to push the category further and dramatically improve access to intervention.”

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“This is an incredibly exciting time for robotics in health care,” said Moll. “Among the innovators in the field, Mendaera’s efforts to make robotics commonplace earlier in the healthcare continuum are unique and can potentially change the future of care delivery.”