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Life Sciences Series C Founded 2003

Magnetecs

Magnetecs designs and manufactures robotic catheter guidance control and imaging (CGCI) systems for minimally invasive surgeries( The company's electromagnetic array consists of eight electromagnets operating under a magnetically-tipped catheter( enabling physicians to control surgical tools with greater precision and consistency than manual approaches( The system provides real-time imaging and guidance during…

📍 Inglewood, United States · Surgical Instruments,

Funding snapshot

Last roundSeries C
Amount$4M
Date4 September 2015
Total raised$16M
Team size7

About

Magnetecs designs and manufactures robotic catheter guidance control and imaging (CGCI) systems for minimally invasive surgeries( The company's electromagnetic array consists of eight electromagnets operating under a magnetically-tipped catheter( enabling physicians to control surgical tools with greater precision and consistency than manual approaches( The system provides real-time imaging and guidance during surgical procedures( allowing for more accurate navigation and positioning of catheters and surgical instruments within the body( The technology targets minimally invasive surgical applications where precise tool control and imaging are critical for patient outcomes( Founded in 2003 and headquartered in Inglewood( United States( the company has raised $16.0M in Series C funding from investors including IRS and BIRD Foundation.

Business model

Professional Service Robots > Healthcare > Surgery,

Surgical Instruments > Robotic Surgery

Institutional investors

IRS BIRD Foundation

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