Cambridge Medical Robotics

Cambridge Medical Robotics is a private company developing the next-generation universal robotic system for minimal access surgery. Our vision is to make minimal access (or keyhole) surgery universally accessible and affordable by significantly expanding the range of procedures that can be performed robotically. CMR successfully completed preliminary cadaveric trials in May 2016, which will inform further cadaveric, animal and first-in-human trials. CMR’s technology will transform the existing market for surgical robotics. Global annual revenues for robot-assisted minimal access surgery are presently approximately $4 billion and are anticipated to reach $20 billion by 2025 ('Industry Forecast, Accuray Research'). Cambridge Medical Robotics has grown rapidly since incorporation in 2014 and has its headquarters in Cambridge, United Kingdom. The company achieved the registration of its Quality Management System to ISO 13485:2003 by Underwriters Laboratories LLC® (‘UL’) and the status as a UL Registered Firm in September 2015.
Company Growth (employees)
Type
Private
HQ
Coton, GB
Founded
2014
Size (employees)
90 (est)+13%
Cambridge Medical Robotics was founded in 2014 and is headquartered in Coton, GB

Cambridge Medical Robotics Office Locations

Cambridge Medical Robotics has an office in Coton

Cambridge Medical Robotics Data and Metrics

Summary Metrics

Founding Date

2014

Total Funding

$20.3 m

Latest funding size

$20.3 m

Time since last funding

about 1 year

Investors

Cambridge Medical Robotics's latest funding round in July 2016 was reported to be $20.3 m. In total, Cambridge Medical Robotics has raised $20.3 m

Cambridge Medical Robotics Financial Metrics

GBP

Net income (FY, 2016)

(5.3 m)

Cash (31-Dec-2016)

3.4 m
GBPFY, 2014FY, 2015FY, 2016

Pre tax profit

(1.4 m)(3.9 m)(6.9 m)

Net Income

(1.1 m)(3.1 m)(5.3 m)
GBPFY, 2014FY, 2015FY, 2016

Cash

497 k122 k3.4 m

Current Assets

867 k1.4 m5.4 m

PP&E

282 k390 k511 k

Goodwill

23 k209 k577 k

Total Assets

1.2 m2 m6.5 m

Accounts Payable

20 k404 k252 k

Current Liabilities

120 k5.9 m533 k

Total Liabilities

2.2 m5.9 m3.6 m

Retained Earnings

(1.1 m)(3.1 m)(5.3 m)

Total Equity

(998 k)(3.9 m)2.9 m

Financial Leverage

-1.2 x-0.5 x2.2 x
GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

(1.3 m)(3.1 m)(5.4 m)

Cash From Financing Activities

2.1 m3.1 m9.4 m

Income Taxes Paid

285 k858 k1.5 m
Y, 2016

Financial Leverage

2.2 x

Traffic Overview of Cambridge Medical Robotics

Cambridge Medical Robotics Online and Social Media Presence

Cambridge Medical Robotics News and Updates

How robots moved from science fiction into the real world in 2016

FEATURE: Millions of jobs could be lost to robots and automation by the year 2020 as part of the so-called “fourth industrial revolution,” according to a World Economic Forum report from January. Jobs such as manufacturing and production are expected to be affected by the rise of the machines, while…

Robotics startup Exotec raises $3.5 million to help warehouses pack and dispatch goods using mini robots

A French robotics startup has raised €3.3 million ($3.5 million) to build and grow a fleet of mobile robots that help warehouses prepare orders for delivery. Founded in 2015 by former GE Healthcare software architect Renaud Heitz and BA Systèmes technical director Romain Moulin, Exotec Solutions (“E…

Robot Planet: Deals To Robotics Startups Begin To Proliferate Outside The US

Though the majority of robotics deals went to US-based startups in the last five years, the share of deals going to robotics startups outside the US has been on the rise. Starting at 26% of deals in 2012, deals to … Continued

The Digital Hospital: 80+ Companies Reinventing Medicine In One Inforgraphic

Digital health continues to be on investors’ minds as the industry is on track for a record year with $7.2B in funding to private companies in the space. Digital health companies vary widely in the user base they’re targeting, from … Continued

Attacking Hearing Loss, Brain Injury, And More: 12 Early-Stage Medical Device Startups To Watch

Since 2012, deals to early-stage medical device companies have hovered around 30% of total deal volume to the category. VCs and corporate investors alike are continuing to fund medical device startups in 2016 and the category is on track to see another year of increased … Continued

Hedge Funds, Investment Bankers Bet On Medical Device Startups, Even As Funding Totals Contract

Over $2B has poured into private companies in the medical device industry already this year. Other than VCs, the most active investors in the space tend to be healthcare-focused corporates such as Johnson & Johnson, Boston Scientific, or Medtronic. In … Continued
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Cambridge Medical Robotics Company Life and Culture

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