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Founded Year

2014

Stage

Series E | Alive

Total Raised

$1.151B

Last Raised

$165M | 1 yr ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-18 points in the past 30 days

About CMR Surgical

CMR Surgical specializes in the development of surgical robotics, focusing on the medical devices industry. Their flagship product, Versius, is a modular and portable surgical robot designed to facilitate minimal access surgery, seamlessly integrating into existing hospital workflows without the need for infrastructure changes. CMR Surgical primarily serves the healthcare sector, with a particular emphasis on enhancing the capabilities of surgical teams and improving patient outcomes through advanced robotics and data-driven insights. CMR Surgical was formerly known as Cambridge Medical Robotics. It was founded in 2014 and is based in Cambridge, England.

Headquarters Location

1 Evolution Business Park Milton Road

Cambridge, England, CB24 9NG,

United Kingdom

+44 (0)1223 755 300

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ESPs containing CMR Surgical

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Healthcare & Life Sciences / Care Delivery & Navigation Tech

The surgical robots market involves the development and manufacturing of robotic systems used in minimally invasive surgical procedures. These systems allow surgeons to perform precise movements and access difficult-to-reach areas of the body with greater control, accuracy, and reduced risk of complications. This market is rapidly growing due to the increasing demand for minimally invasive surgeri…

CMR Surgical named as Outperformer among 12 other companies, including Medtronic, Smith & Nephew, and Johnson & Johnson.

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Research containing CMR Surgical

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned CMR Surgical in 2 CB Insights research briefs, most recently on Aug 9, 2022.

Expert Collections containing CMR Surgical

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

CMR Surgical is included in 5 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,244 items

R

Robotics

2,006 items

This collection includes startups developing autonomous ground robots, unmanned aerial vehicles, robotic arms, and underwater drones, among other robotic systems. This collection also includes companies developing operating systems and vision modules for robots.

A

Artificial Intelligence

14,767 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

D

Digital Health 50

150 items

The winners of the second annual CB Insights Digital Health 150.

D

Digital Health

11,072 items

The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.

CMR Surgical Patents

CMR Surgical has filed 196 patents.

The 3 most popular patent topics include:

  • surgery
  • surgical instruments
  • surgical robots
patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/29/2019

8/6/2024

Surgical instruments, Surgery, Surgical removal procedures, Neurosurgery, Surgical robots

Grant

Application Date

11/29/2019

Grant Date

8/6/2024

Title

Related Topics

Surgical instruments, Surgery, Surgical removal procedures, Neurosurgery, Surgical robots

Status

Grant

Latest CMR Surgical News

CMR Surgical Strengthens Senior Team

Sep 11, 2024

CMR Surgical Strengthens Senior Team CMR Surgical Strengthens Senior Team ~  Markus Bauman, seasoned senior executive has been appointed Chief Legal & Business Affairs Officer and will join CMR’s executive leadership team ~  Michelle Paknad, appointed Senior Vice President, Global Business Development, brings a wealth of commercial experience in the soft-tissue surgical robotics industry CMR Surgical (CMR or ‘the Company’), the global surgical robotics business, today announces the appointment of Markus Bauman as Chief Legal & Business Affairs Officer, joining the Company’s executive leadership team. Markus Bauman brings to CMR over two decades of significant in-house legal experience, as well as experience at global world-renowned law firms. He has worked with innovative European companies and has significant expertise in public and private company financings and mergers and acquisitions. He is currently a member of the Atomico Expert Network, providing counsel and support to Atomico’s portfolio of technology firms and is a Board Member of the University of Illinois Foundation. Previously, he served as Chief Legal Officer and General Counsel at Matillion, a software company specialising in data integration and transformation for cloud data warehouses. Prior to this, he was a Partner and Head of European Strategic Relations at Goodwin and built his expertise at other leading international law firms and investment banks, including JP Morgan and Goldman Sachs. Markus holds a JD/MBA in Law and Business from the University of Illinois Urbana-Champaign. CMR are also pleased to announce the appointment of Michelle Paknad who has joined CMR as Senior Vice President, Global Business Development. Michelle will be responsible for helping to further accelerate the Company’s commercial efforts to bring Versius to more hospitals around the world. Michelle brings more than 20 years of leadership experience in the medical devices sector, with particular expertise in sales and marketing, within the area of soft-tissue surgical robotics having held senior sales and marketing roles at Intuitive Surgical. She was most recently Vice President of Global Robotics and Digital Health at Smith & Nephew where she ran the robotics franchise. Prior to this, she held senior positions at Intuitive Surgical, including Director of Sales and Marketing for Asia Pacific. Michelle holds an MBA from Golden Gate University and a BA in Business Economics and Biochemistry from the University of California. Supratim Bose, Chief Executive Officer at CMR Surgical, commented: “On behalf of the leadership team, I am delighted to welcome Markus and Michelle to CMR. Markus will be a key addition to the executive leadership team with his wealth of expertise in corporate law, strategic relations and financial operations. Michelle, with her extensive soft-tissue surgical robotics experience, will be instrumental in accelerating our commercial efforts and we look forward to utilising her skillset.” Markus Bauman, Chief Legal & Business Affairs Officer at CMR Surgical said: “Given my experience of working with ambitious disruptive European businesses, I am looking forward to bringing my legal expertise to a company that is challenging the status quo in order to help bring more robotic-assisted surgery to patients around the world. Versius is a truly innovative technology, and I will work with the leadership team to ensure hospitals can realise the potential of this technology.” Michelle Paknad, Senior Vice President, Global Business Development at CMR Surgical added: “I am excited to join a Company that is looking to disrupt the surgical robotics market. Soft-tissue surgical robotics is such a fast growing and changing market, and I look forward to bringing my extensive experience in this industry to partner with surgeons and hospitals so that more patients can get the benefits of robotic-assisted surgery with Versius.” Share Always active These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. Without these cookies, some parts of our site or the service being requested will be impossible to provide. Preferences Preferences The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user. 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CMR Surgical Frequently Asked Questions (FAQ)

  • When was CMR Surgical founded?

    CMR Surgical was founded in 2014.

  • Where is CMR Surgical's headquarters?

    CMR Surgical's headquarters is located at 1 Evolution Business Park, Cambridge.

  • What is CMR Surgical's latest funding round?

    CMR Surgical's latest funding round is Series E.

  • How much did CMR Surgical raise?

    CMR Surgical raised a total of $1.151B.

  • Who are the investors of CMR Surgical?

    Investors of CMR Surgical include Cambridge Innovation Capital, LGT Capital Partners, Watrium, SoftBank, Tencent and 12 more.

  • Who are CMR Surgical's competitors?

    Competitors of CMR Surgical include Asensus Surgical, Quantum Surgical, Activ Surgical, Vicarious Surgical, Medrobotics and 7 more.

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Compare CMR Surgical to Competitors

A
Asensus Surgical

Asensus Surgical focuses on the development and manufacturing of digital laparoscopy and surgical robotics. The company's main offerings include the surgical system and the intelligent surgical unit. It primarily serves the healthcare industry, particularly the surgical technology sector. Asensus Surgical was formerly known as TransEnterix. It was founded in 2006 and is based in Durham, North Carolina. In August 2024, Asensus Surgical was acquired by Karl Storz.

Quantum Surgical Logo
Quantum Surgical

Quantum Surgical focuses on interventional oncology. The company offers the Epione robotic platform, which is designed for the planning, targeting, delivery, and confirmation of tumor ablation treatments. The technology primarily serves the healthcare sector, with a focus on improving cancer treatment through minimally invasive procedures. It was founded in 2017 and is based in Montpellier, France.

Activ Surgical Logo
Activ Surgical

Activ Surgical specializes in intraoperative surgical intelligence within the medical technology sector. The company's primary offering, ActivSight™ Intelligent Light, provides surgeons with real-time visual insights and information that reveal critical physiological structures and functions during surgery. Activ Surgical's products are designed to enhance surgical precision and patient care by integrating augmented reality, artificial intelligence, and machine learning technologies. Activ Surgical was formerly known as Omniboros, Inc. It was founded in 2017 and is based in Boston, Massachusetts.

Bionaut Labs Logo
Bionaut Labs

Bionaut Labs specializes in precision micro-technology within the healthcare sector. The company develops microscale robots designed to deliver biologics or small molecule therapies locally to targeted disease areas, particularly for patients with severe brain disorders. These micro-robots are navigated through the body using external magnetic propulsion for precise treatment and diagnostic purposes. It was founded in 2016 and is based in Los Angeles, California.

Theator Logo
Theator

Theator develops surgical intelligence in healthcare. The company offers a platform that uses advanced artificial intelligence (AI) and computer vision technology to capture, analyze, and extract valuable surgical data, aiming to provide meaningful insights and best practices throughout a patient's surgical journey. It primarily serves hospitals and surgeons. It was founded in 2018 and is based in Palo Alto, California.

B
Body Vision Medical

Body Vision Medical is a company that specializes in AI-driven, real-time, intraoperative imaging within the medical device industry. The company's main product, LungVision, is a platform that provides diagnostics and treatment for lung cancer, enhancing the way pulmonologists perform bronchoscopy and increasing the number of diagnostic procedures for early-stage lung cancer. The company primarily serves the healthcare industry, particularly in the field of pulmonology. It was founded in 2014 and is based in Ramat Hasharon, Israel.

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