Last deal

$101.3M
Local Amount - GBP 133M

Amount

Series D

Stage

20.09.2023

Date

3

all rounds

$809.84M

Total amount

date founded

Financing round

General

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

Industry

Sector :

Subsector :

Keywords :

Also Known As

CMR, Cambridge Medical Robotics

founded date

27.01.2014

Number of employees

Company Type

For Profit

Last funding type

Series D

IPO status

Private

Description

The company's Versius system is designed to work seamlessly with surgeons in operating rooms, providing 3D high-definition imagery and feedback during procedures. CMR Surgical aims to make minimal access surgery universally accessible and affordable by expanding the range of procedures that can be performed robotically. They are committed to working with surgical teams and hospital partners to improve patient outcomes and redefine the surgical robotics market with practical, innovative technology and data. To learn more about CMR Surgical and their mission, visit their website.
Contacts

Contact Email

Phone number

Social url

Legal Names

Legal name

CMR Surgical Ltd
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People

Founders
3
Martin Frost
Martin Frost

Martin Frost

Martin Frost is experienced in all aspects of start-ups, building and leading technical and commercial teams teams, raising venture and development capital, technology in- and out-licensing. Martin has been personally and corporately involved in founding and financing several technology business including Absolute Sensors (sold to Synaptics Inc, NASDAQ listed), Intrasonics (interactive media), Chord Capital (London and Cambridge based venture fund manager), Sphere Medical (medical devices, listed on London AIM), Omnisense (cluster positioning and location), Sensopad (sensors business sold to TT electronics), SGAI (Hong Kong based JV with Chinese manufacturer), and RedCloud Technology (mobile financial services in emerging markets). Latterly Martin was CEO and CFO of Sagentia, the leading technology development company based in Cambridge, Stockholm, Frankfurt and Hong Kong, listed on the London Stock Exchange. Martin qualified as a Chartered Management Accountant and graduated from Cambridge University. Martin is a trustee of the Peek Vision Foundation.

organization founded

1

Martin Frost

Luke Hares
Luke Hares

Luke Hares

Before co-founding CMR he worked for product design companies in the UK and the US, where he worked on medical devices, robotics, ASIC developments and consumer products. Luke believes the best devices are created by combining a detailed knowledge of the unmet needs of the users with the creative application of a broad knowledge of available technology. Regular contact and interaction with the users of the product is essential for this process. Luke is responsible for leading the CMR technology team and has overall responsiblilty for the technology strategy of the company. He is accustomed to championing ideas, communicating technically complex ideas and designing and managing the development of complex systems.

current job

CMR Surgical
CMR Surgical

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1

Luke Hares

Mark Slack
Mark Slack

Mark Slack

Mark trained as a medical doctor and Gynaecologist in South Africa graduating with the Gold Medal for Obstetrics and Gynaecology for the Fellowship of the College of Medicine of South Africa. He has continued to pursue a combined clinical and academic career with a number of successful innovations in surgery and Gynaecology. In addition he has a strong interest in basic science research. He is Head of Gynaecology at Addenbrooke’s Hospital, Cambridge and is on the staff of the clinical school of medicine of the University of Cambridge. Mark is actively involved in clinical and basic research and participates in student teaching. He also has strong academic links in the USA, Canada, Europe, Australia and South Africa. His interest in minimal access surgery led him to explore the possibilities of improving uptake of minimal access surgery by the utilisation of more sophisticated surgical tools such as the robot.

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Employee Profiles
22
Paul Roberts

Paul Roberts

Chief Customer Success Officer

Fiona Morrison

Global head of professional education

Per Vegard Nerseth

Chief Executive Officer

Fiona Haig

Head of strategic marketing

Jon Pebody

Jon Pebody

Head of Supply Chain

Duncan Apthorp

Manufacturing and supply chain

Eric Herzwurm

Pacnw division team lead

Richard Meechan

Head of manufacturing and supply chain

Activity

Recent News
12
News Timeline

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