Prosurgics given a free hand

Medical robotics business Prosurgics has been acquired in a £3.25 million deal.


Medical robotics business Prosurgics has been acquired in a £3.25 million deal.

A venture capital backed company has acquired medical robotics business Prosurgics in a £3.25 million deal.

The acquirer, FreeHand Surgical, is backed by the venture capital groups Chord Capital, Hygea VCT and Norway-based Fritas, which are providing the new capital for the company to market its “robotic arm” technology to hospitals in the US and the UK.

Existing investors in the business include the Oxford Technology VCTs, business angels and individual investors, as well as the management team.

Mark Kirby, non-executive chairman of Freehand Surgical says: ‘Keyhole surgery is a growth area and the FreeHand robotic camera controller has the potential to be adopted by all keyhole operating theatres in the UK and USA.’

FreeHand Surgical’s technology removes the need for doctors to operate surgical cameras by hand in the operating theatre.

Nick Britton

Nick Britton

Nick was the Managing Editor for growthbusiness.co.uk when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary...

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