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Caira Surgical Secures $5M Series Seed Financing To Develop New Standard Of Care Navigation And Robotic Solutions For Joint Replacement Surgery

Jan 04, 2022•over 3 years ago

Amount Raised

$5 Million

Round Type

seed

Description

Caira Surgical announced its latest influx of $5M seed capital in an oversubscribed series seed financing that closed last month. Caira's investor syndicate includes smart-money venture and strategic MedTech investors.

Company Information

Company

Caira

About

In addition, the company received a National Science Foundation Small Business Technology Transfer Grant for $256,000 to research and develop novel radar-based tracking for navigation and robotics in orthopedic surgery. Caira's investor syndicate includes smart-money venture and strategic MedTech investors. Additionally, the composition, commitment, and enthusiasm of our investor syndicate ensure that Caira will have continued access to the funding and resources necessary to realize our technology vision and meet our commercial objectives." Caira is developing its groundbreaking innovations as a platform technology that will expand to address hip and shoulder replacement surgery and spinal applications.