UK-based robotics company CMR Surgical this morning announced a $600 million Series D. This latest round, led by SoftBank’s Vision Fund 2 and co-led by Ally Bridge Group, joins an existing $384.8 million already raised by the Cambridge firm. It values the company at $3 billion.
CMR’s flagship product is Versius. The robotic system is designed to perform minimally invasive keyhole surgery, primarily focused on serious conditions like bowel disease or bowel cancer. The platform has been used globally and has thus far been involved in 1,000 surgeries, according to CMR’s numbers.
Four NHS (National Health Service) hospitals in the U.K. have enlisted the surgical platform, along with a slew of other locations in Europe, India, the Middle East and Australia. As CMR notes, the pandemic has resulted in a massive backlog in surgical procedures.
Like many other robotic surgical platforms, one of Versius’s primary appeals is a…