Event
SS Innovations raises $18.6M private placement to expand surgical robotics globally
Key points
- SS Innovations disclosed an $18.6M private placement to support global sales of its SSI Mantra surgical robotic system.
- Proceeds are intended to support growth in India while preparing for market entry in the United States and European Union.
- The company had filed for FDA 510(k) clearance in December, with U.S. review expected to progress through 2026.
Company context
Develops robotic surgery platforms centered on the SSI Mantra system, including multi-arm surgical robotics and telesurgery capabilities. The company focuses on lowering the cost of robotic-assisted surgery while expanding access across India and international markets. Its systems are used across multiple surgical specialties and the company has emphasized remote surgery, portability, and affordability as key differentiators.
Context
- Company
- SS Innovations
- Segment
- Surgical
- Event type
- Funding
- Geography
- Gurugram · India