Cobionix, a Kitchener, Ontario, Canada-based autonomous medical robotics firm, closed a US $3m funding spherical.
The spherical was led by TitletownTech, a enterprise capital agency backed by Microsoft and the Inexperienced Bay Packers, with participation from Lions Funding and Dr. Paul McBeth, amongst others.
Led by Matthew Sefati, CEO, and Nima Zamani, CTO, Cobionix has developed CODI®, a multi-functional robotic platform designed to boost healthcare supply by superior automation and AI. CODI® is a configurable, medical-collaborative robotics platform able to performing a variety of patient-facing duties, together with diagnostic ultrasound procedures. Its design permits for speedy adaptation to numerous medical duties by easy instrument adjustments and over-the-air software program updates.
The corporate intends to make use of the funds for the commercialization of its platform. The funding will assist scale ongoing pilot packages, that are presently within the analysis and medical pilot part, with initiatives underway in Canada, the U.S. and the U.Okay., together with partnerships with the Saskatchewan Well being Authority and the Nationwide Well being Service. The brand new funding will assist help these pilot initiatives and transfer CODI® from bench to bedside, with a concentrate on launching within the U.S. market.
FinSMEs
14/07/2025
