Latest Medtech News
Robotics, minimally invasive treatment and next-generation medical platforms feature prominently in this week’s funding activity, as companies accelerate product development, expand their reach and bring new solutions closer to clinical use.
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Siemens Healthineers wins $31M in ARPA-H funding to develop remote robotic stroke treatment
Siemens Healthineers has secured up to $31.1M from ARPA-H to develop autonomous, remotely operated robotic technology for acute ischemic stroke treatment. The five-year project will combine robotics, AI and imaging to enable long-distance thrombectomy with minimal human input, with Stryker participating as a sub-awardee.
CEO Jochen Schmitz
Hike Medical raises $22.5M to modernize device-based care
Hike Medical has raised $22.5M in seed and Series A funding, led by Saga Ventures, to scale its AI-powered platform across orthotics, prosthetics and DME. The company connects insurance approvals, clinical workflows and in-house 3D manufacturing to reduce delays, remakes and waste.
CEO Aadi Bhanti: “Patients shouldn't have to wait weeks for a device because the systems behind their care don't talk to each other,”
Lupin Dental raises €15M Series A to advance dental robotics
French dental robotics company Lupin Dental has raised €15M in Series A funding, led by Fynveur with a €10M investment, alongside existing and new investors and a Bpifrance loan. The funding will support the company’s next phase of growth and development of its next-generation dental robotics platform.
Co-Founders Galip Gürel and Stefen Koubi: “Lupin Dental opens a new chapter with this important milestone. It reflects our investors’ confidence in our vision and enables us to accelerate our mission to transform dental care through innovation.”
MileBot Robotics raises nearly CNY 100M to scale medical exoskeletons
Chinese medical robotics company MileBot Robotics has raised nearly CNY 100M (~$14.9M) in a strategic late-stage round led by CSC Financial. The funding will support product development, overseas expansion and integration of brain-computer interfaces with its rehabilitation exoskeletons.
CEO Chen Kangning
Shape Memory Medical raises $10M to advance aortic clinical trials
Shape Memory Medical has raised $10M in convertible note financing, led by August Global Partners, to advance clinical development of its aortic portfolio. The funding will support follow-up and data collection for the AAA-SHAPE pivotal trial and progress the FLAGSHIP study in aortic dissection.
CEO Ted Ruppel: “This financing strengthens our position as we enter a potentially transformative period for the company.
Highland Instruments secures $200K grant to advance brain stimulation platform
Highland Instruments has received a $200K non-dilutive START Stage II grant from MassVentures to advance its ESStim™ noninvasive brain stimulation platform toward commercialization. The funding will support product development, clinical advisory work, quality systems, reimbursement planning and go-to-market preparation, initially targeting Parkinson’s disease.
Founder and CSO Tim Wagner: “We are grateful to MassVentures and the Commonwealth for supporting Highland as we continue developing ESStim™ in Massachusetts and advancing toward the next stage of clinical, regulatory, and commercial development.”
Xinyun Life raises tens of millions of yuan to advance AI vascular intervention
Chinese medtech company Xinyun Life has raised tens of millions of yuan in angel funding from Yifeng Capital. The company will use the funding to develop its AI-powered vascular intervention devices and intelligent medical equipment.
Founder Zhao Jun