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MMI Raises $110 Million in Series C Financing

Feb 21, 2024•over 1 year ago

Amount Raised

$110 Million

Round Type

series c

PisaMedical DeviceMedicalBiotechnologyHealth Care

Investors

Wellington PartnersSambatechRa CapitalPanakès PartnersFountain Healthcare PartnersDeerfield ManagementBio StarAndera PartnersFidelity Management & Research Company

Description

MMI (Medical Microinstruments, Inc.) announced a $110-million Series C financing led by Fidelity Management & Research Company, marking the largest ever investment in microsurgery innovation. The funds will support commercialization of the Symani® Surgical System in high-growth markets, continued investment in studies that generate clinical evidence and enable indication expansion, and accelerate advanced technology capabilities to scale its operational capabilities globally.

Company Information

Company

Medical Microinstruments

Location

Pisa, Tuscany, Italy

About

Medical Microinstruments (MMI) specializes in developing the Symani Surgical System, which enables surgeons to mimic human hand movements at a microscale and broaden treatment options for soft tissue and open surgical procedures.

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