Ganymed Robotics, a developer of computer vision software and robotics technologies for orthopaedic surgeons, has raised €21 million in the oversubscribed first close of a Series B funding round led by Cathay Health.
Credit Mutuel Innovation, Kurma Partners, BNP Paribas Développement and internationally renowned surgeons also participated in the round
The funding will be used to support Ganymed’s expansion in France and in the United States, finalize the industrial development of its surgical robotic assistant for knee arthroplasty (TKA), accelerate regulatory and marketing developments across geographies, and diversify the innovation product pipeline.
