Last deal

$20M

Amount

Post-IPO Debt

Stage

03.04.2024

Date

3

all rounds

$474.94M

Total amount

date founded

Financing round

General

About Company
Asensus Surgical, Inc. digitizes the surgeon-patient interface to improve minimally invasive surgery.

Industry

Sector :

Subsector :

Keywords :

Also Known As

SafeStitch Medical, TransEnterix

founded date

01.01.1988

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Debt

IPO status

Private

Description

The company's Senhance Surgical System, powered by the Intelligent Surgical Unit, is the first machine vision system for use in robotic surgery, enabling advanced capabilities such as augmented intelligence and deep learning to address clinical, cognitive, and economic shortcomings in surgery. Asensus Surgical's single segment includes the research, development, and sale of medical device robotics to improve minimally invasive surgery, with the system available for sale in the US, EU, Japan, Russia, and select other countries.
Contacts

Contact Email

Social url

Legal Names

Legal name

Asensus Surgical, Inc.
Similar Companies
1000
Moon Surgical

Moon Surgical

Moon Surgical is a medical device company that aims to augment surgeons with computer vision, haptics, and robotics.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Location

Paris, France

total rounds

6

total raised

$91.5M
CMR Surgical

CMR Surgical

CMR Surgical develops next-gen surgical robots for minimal access surgery.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Health Care, Medical Device, Robotics

Location

Cambridge, UK

total rounds

6

total raised

$1.14B
OnPoint Surgical

OnPoint Surgical

OnPoint Surgical provides real-time intra-operative imaging technology for spinal surgery treatment.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Health Care, Medical Device, Medical

Location

Bedford, MA, USA

total rounds

1

total raised

$200K
Vicarious Surgical

Vicarious Surgical

Vicarious Surgical is a robotics company that aims to improve surgical procedures and patient outcomes while reducing healthcare costs.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Health Care, Medical Device, Medical

Location

Waltham, MA, USA

total rounds

7

total raised

$230.15M
M&A Details
1

Transaction name

Acquired by

Karl Storz

announced date

07.06.2024

Financials

Funding Rounds
18
3

Number of Funding Rounds

$474.94M

Money Raised

Their latest funding was raised on 03.04.2024. Their latest investor Karl Storz. Their latest round Post-IPO Debt

Date 
Funding Round 
Investors 
Money Raised 
Lead 
27.07.2023
$10M
12.01.2021
$79.64M
Karl Storz

Karl Storz

Karl Storz is a global manufacturer and distributor of endoscopes, medical instruments, and devices for human and veterinary medicine.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Location

78532 Tuttlingen, Germany

count Of Investments

1
Co-Investors
Investors
12
7

Number of lead investors

12

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Post-IPO Debt
No
Post-IPO Debt
Karl Storz

Karl Storz

Karl Storz is a global manufacturer and distributor of endoscopes, medical instruments, and devices for human and veterinary medicine.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Location

78532 Tuttlingen, Germany

count Of Investments

1
Armentum Partners

Armentum Partners

Armentum Partners is a financial services firm specializing in debt capital solutions.

Sector

Investment Banking and Brokerage Services

Subsector

Diversified Financial Services

Keywords

Financial Services, Finance, Venture Capital

Location

San Francisco, CA, USA

count Of Investments

117

count Of Exists

31
Synergy Life Science Partner

Synergy Life Science Partner

Synergy Life Science Partner invests in early-stage medical device and combination product companies in the U.S.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Location

Portola Valley, CA, USA

count Of Investments

17

count Of Exists

3
William Starling

William Starling

William N. Starling is General Partner of Synergy Life Science Partners, LP (www.synergylsp.com) and Chief Executive Officer of Synecor, LLC, (Synecor) a business generator of new Life Science companies based in Research Triangle Park (RTP), North Carolina, Santa Rosa, California, and Portola Valley, California. As CEO of Synecor, William is a cofounder of BaroSense, Inc., Bioerodible Vascular Solutions, Inc., (acquired by Guidant/Abbott in April 2004), InnerPulse, Inc. (formerly Interventional Rhythm Management, Inc.), TransEnterix, Inc., and Interventional Autonomics Corporation, the initial five companies founded and incubated by Synecor. William currently serves as Chairman of the Board of InnerPulse Inc., a RTP, NC - based cardiac rhythm management company, Chairman of the Board of Interventional Autonomics Corporation, and as a board member of TransEnterix, Inc., a RTP, NC - based less invasive GI Surgery company. William received his BS degree from the University of North Carolina at Chapel Hill and his MBA degree from the University of Southern California. He was subsequently part of the founding management team and Director of Marketing for Advanced Cardiovascular Systems, Inc. (acquired by Guidant/Abbott), and was a cofounder, Vice President and Board member of Ventritex, Inc. (acquired by St. Jude Medical). In 1992, William was a cofounder and Chairman of the Board of Directors and President/CEO of Cardiac Pathways Corporation (acquired by Boston Scientific Corporation), William serves as Chairman of the Board of Visitors at the Kenan-Flagler Business School at the University of North Carolina at Chapel Hill and a Board of Visitor member of the Lineberger Comprehensive Cancer Center at UNC.

current job

NeuroTronik
NeuroTronik

count Of Investments

1
Acquisitions
2
Acquiree Name 
Date 
Price 
Acquisition Name 
MST Medical Surgery Technologies acquired by Asensus Surgical

MST Medical Surgery Technologies acquired by Asensus Surgical

acquirer

Asensus Surgical
Asensus Surgical

date

23.09.2018

type

Acquisition
MST Medical Surgery Technologies

MST Medical Surgery Technologies

MST develops surgical analytics and image analytics technology for medical robotics and computer-assisted surgery..

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Health Care, Robotics, Medical

Location

Yokne'am Illit, Israel

total rounds

2

total raised

$13.5M

SOFAR acquired by Asensus Surgical

acquirer

Asensus Surgical
Asensus Surgical

date

22.09.2015

type

Acquisition

price

$99.8M

SOFAR

SOFAR

Location

20060 Trezzano Rosa, Metropolitan City of Milan, Italy

People

Founders
1
Richard Stack
Richard Stack

Richard Stack

Richard Stack is a co-founder of Synergy Life Science Partners. Additionally, Richard is President of Synecor, LLC, a business generator and financial incubator of new medical device companies. In the past six years, Richard has co-founded and invested in five major medical device companies, including Synecor. Richard chairs the scientific advisory board, leads the pre-clinical testing services provided and is the interim President of each Synecor spinout company. Richard is recognized as an international thought leader in the medical technology field. He has authored over 360 manuscripts, book chapters and scientific abstracts. He has been a principal and co-principal investigator of three NIH grants and received numerous research awards during his career including the International Award for Best Interventional Cardiology Experimental Research (1995, Netherlands). Richard has invented and/or invested in numerous technologies that have become widely adopted by physicians the world over. He has over 100 worldwide patents issued or pending on a wide variety of medical devices. Richard is a co-founder of BaroSense, InnerPulse and TransEnterix. Additionally, Richard serves on the Board of Directors and is the Scientific Advisory Board Chairman of BaroSense. Richard is Professor Emeritus of Medicine in Cardiology at Duke University in Durham, North Carolina, where he spent his entire academic medical career, since 1981, as Founder and Director of Duke Interventional Cardiology. Richard retired early from his academic career to join the investment community with the formation of Synecor, LLC in 2000.

current job

Barosense
Barosense

Richard Stack

Employee Profiles
16
Shameze Rampertab

Shameze Rampertab

Executive Vice President and Chief Financial Officer

David Milne

David Milne

Chairman of the Board

Joshua Weingard

Joshua Weingard

Chief Legal Officer

Charles J. Filipi

M.D.

Richard Stack

Richard Stack

Co-Founder

Jeffrey G

Spragens

Anthony Fernando

Anthony Fernando

President & Chief Executive Officer

Jane H. Hsiao

Chairman of the Board

Activity

Recent News
6
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

month