Bill Gates invests in surgical robot startup Vicarious Surgical

Humanoid robot surgeon startup Vicarious Surgical is making a bold step in the healthcare industry, planning to invent a surgical routine that seems like science fiction. But would definitely be a giant leap if successful. The startup is developing a tiny humanoid robot that can be placed inside a patient’s body through small incision and controlled from anywhere in the world using a virtual reality system connected to the robot surgeon.

The ultimate goal is to perform surgeries on patients using the robot regardless of the distance between the surgeon and the patient while driving down the cost of higher impact surgeries. Vicarious Surgical setup will allow the surgeons to “see” using the robot’s camera (eye) and controls the robot’s arms by simply moving their own.

Founded by Massachusetts Institute of Technology graduates, the Charlestown-based startup just raised additional $10 million in funding led by Bill Gates’ Frontier Fund. Other investors include Khosla capital firm, Jerry Yang’s investment firm AME Cloud Ventures, Innovation Endeavors LLC, Salesforce founder Benioff and Neil Devani of Singularity Holdings VC.

lessons from Bill Gates

Swiftly combining virtual reality and robots technology is the only path to success here. And the company hopes to use the fund in the redefining process. Vicarious Surgical cofounders, Adam Sachs and Sammy Khalifa, have been working on the technology for roughly five years, almost since after meeting as undergraduates.

“We’ve been working on ways to miniaturize robotics and put all of the motion of surgery into the abdominal cavity,” 27-year old Sachs told TechCrunch. “You won’t be confined to move around if all the motion is placed inside the abdominal cavity.”

The team will target how it could use the technology to improve healthcare in the remote areas once the initial goal is met. Currently, the task is to successfully shrink the robot doctors and placing them in patient’s bodies where they can be controlled virtually.

The founders initially bootstrapped Vicarious Surgical in 2016, raising a small seed round before progressively closing larger tranches from bigger investors. The company has raised a total of about $31.8 million in funding for the development of its technology.

Anna Domanska
Anna Domanska is an Industry Leaders Magazine author possessing wide-range of knowledge for Business News. She is an avid reader and writer of Business and CEO Magazines and a rigorous follower of Business Leaders.

Recent Posts

Panasonic hopes Blue Yonder acquisition will improve its software woes

Panasonic hopes Blue Yonder acquisition will improve its software woes

Most Japanese major companies, which at one time were leaders in consumer electronics, are struggling to find their feet in a world that has moved to digital software. Electronics
5 hours ago
Ikea and Rockefeller Foundations to raise $10 billion for renewable energy projects in poor countries

Ikea and Rockefeller Foundations to raise $10 billion for renewable energy projects in poor countries

The Ikea and Rockefeller foundations are jointly launching a $10 billion fund to promote small-scale renewable power projects in developing nations. Both
1 day ago
EC initiates another probe into Google’s adtech practices

EC initiates another probe into Google’s adtech practices

EU antitrust regulators are planning a formal investigation into Google’s digital advertising practices by the end of this year. Google is already facing unprecedented regulatory
2 days ago
Some Microsoft employees stayed at data centers during Pandemic to keep all systems going

Some Microsoft employees stayed at data centers during Pandemic to keep all systems going

The Covid-19 pandemic ravaging the world for more than a year has forced companies and organizations to find viable solutions to keep the business going. Most found a solution in w
2 days ago
Meme stocks frenzy and 3 companies to follow

Meme stocks frenzy and 3 companies to follow

The doom and gloom about the stock market that has been predicted since the pandemic started has abated somewhat with the resilience shown by investors (helped by low-interest rate
2 days ago
US Space Force allows repurposed SpaceX rocket to launch GPS satellite

US Space Force allows repurposed SpaceX rocket to launch GPS satellite

A GPS navigation satellite built by Lockheed Martin is set to ride a reused SpaceX booster on a launch from Cape Canaveral, Florida, Thursday. It will be the first time a military
4 days ago