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Downing makes £1.3m venture investment in Cydar Medical

Investment manager Downing LLP is supporting growth at surgical augmented intelligence company Cydar Medical with a £1.3 million investment through its healthcare ventures team.

The company, based in Barrington, Cambridgeshire, uses leading-edge computer vision and machine learning software to revolutionise every stage of image-guided minimally invasive surgery (MIS).

The investment, through Downing Healthcare Ventures EIS fund into ordinary shares in the business, will support the growth of Cydar’s international customer base, as well as the ongoing development of Cydar EV Maps. A future release of the technology will provide predictive procedure planning, where the artificial intelligence capabilities of the product will allow a clinician to plan a new case informed by the outcomes from cases undertaken globally on patients with similar anatomy.

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