“As we continue to build momentum for our robotic system, we will use the recent funding to launch the system to select U.S. radiology Centers of Excellence partners,” said Chen Levin, CEO, Xact Robotics. “In addition, we will invest to continue expanding the utilization of the system and support our future launch cycle, including compatibility of the Xact Robotic System with additional imaging modalities and clinical applications to address a broad range of patient care needs.”
The financing round included investors in the surgical robotics space, such as Chasing Value Asset Management Inc., Mazor Robotics and Corindus Vascular Robotics. They join the current shareholders of the company including Shizim Group and MEDX Ventures Group.
Xact Robotics will debut its technology at the 2019 Radiological Society of North America conference (RSNA) to be held in Chicago, IL on December 1 – 6, 2019.