About Medical Microinstruments
Medical Microinstruments is a company based in Calci (Italy) founded in 2015.. Medical Microinstruments has raised $209.5 million across 3 funding rounds from investors including Fidelity Investments, RA Capital and Andera Partners. Medical Microinstruments offers products and services including Symani Surgical System. Medical Microinstruments operates in a competitive market with competitors including Intuitive, Auris Health, Brainlab, Corindus Vascular Robotics and PROCEPT BioRobotics, among others.
- Headquarter Calci, Italy
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Sectors
HealthcareIndustrial Goods & Manufacturing
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Phone
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Website
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Social
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- Legal Name Medical Microinstruments, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$209.5 M (USD)
in 3 rounds
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Latest Funding Round
$110 M (USD), Series C
Feb 16, 2024
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Investors
Fidelity Investments
& 9 more
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Employee Count
Employee Count
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Products & Services of Medical Microinstruments
Medical Microinstruments offers a comprehensive portfolio of products and services, including Symani Surgical System. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides robotic-assisted microsurgery with smallest wristed instruments for precision.
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Software Development Team
18 people
Sales and Marketing
15 people
Leadership Team
11 people
Board Team
7 people
Operations Team
5 people
Finance and Accounting
5 people
Human Resources and Administration
3 people
Product Management Team
3 people
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Funding Insights of Medical Microinstruments
Medical Microinstruments has successfully raised a total of $209.5M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $110 million completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series C — $110.0M
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First Round
First Round
(17 Apr 2018)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2024 | Amount | Series C - Medical Microinstruments | Valuation | Fidelity Investments |
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| Jul, 2022 | Amount | Series B - Medical Microinstruments | Valuation | Deerfield | |
| Apr, 2018 | Amount | Series A - Medical Microinstruments | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Medical Microinstruments
Medical Microinstruments has secured backing from 10 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Fidelity Investments, RA Capital and Andera Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Capital is provided to firms for growth, buyouts, and acquisitions.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Risk capital is provided to life sciences entrepreneurs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Medical Microinstruments
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Medical Microinstruments
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Medical Microinstruments Comparisons
Competitors of Medical Microinstruments
Medical Microinstruments operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Intuitive, Auris Health, Brainlab, Corindus Vascular Robotics and PROCEPT BioRobotics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Robotic-assisted surgical systems are developed for minimally invasive procedures.
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| domain | founded_year | HQ Location |
Robotic microsurgical systems for endoscopy are developed.
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| domain | founded_year | HQ Location |
Software and integrated solutions for surgical and radiotherapy applications
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| domain | founded_year | HQ Location |
Remote robotic systems for vascular interventional procedures are developed.
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| domain | founded_year | HQ Location |
Robotic waterjet system for prostate tissue removal is developed.
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| domain | founded_year | HQ Location |
Robotic guidance systems for spine surgery are manufactured and utilized.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Medical Microinstruments
Frequently Asked Questions about Medical Microinstruments
When was Medical Microinstruments founded?
Medical Microinstruments was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Medical Microinstruments located?
Medical Microinstruments is headquartered in Calci, Italy. It is registered at Calci, Tuscany, Italy.
Who is the current CEO of Medical Microinstruments?
Mark Toland is the current CEO of Medical Microinstruments.
Is Medical Microinstruments a funded company?
Medical Microinstruments is a funded company, having raised a total of $209.5M across 3 funding rounds to date. The company's 1st funding round was a Series A of $24.5M, raised on Apr 17, 2018.
What does Medical Microinstruments do?
Medical Microinstruments was founded in 2015 in Calci, Italy, operating in the medical robotics sector. A robotic platform is offered that supports microsurgical instruments for reconstruction procedures after traumatic injuries and tumor removals. Surgeons hand movements are scaled down to direct instrument actions during operations. The system incorporates the smallest robotic wrist for enhanced precision in surgical tasks.
Who are the top competitors of Medical Microinstruments?
Medical Microinstruments's top competitors include Brainlab, PROCEPT BioRobotics and Auris Health.
What products or services does Medical Microinstruments offer?
Medical Microinstruments offers Symani Surgical System.
Who are Medical Microinstruments's investors?
Medical Microinstruments has 10 investors. Key investors include Fidelity Investments, RA Capital, Andera Partners, Samba Tech, and Panakes Partners.
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