Neocis, a Miami, FL-based robotics company focused on healthcare, closed a $30M equity financing.
Backers included including Mithril Capital Management, joined by new investor Norwest Venture Partners. Dr. Robert Mittendorff, Partner at Norwest Venture Partners, will join the Board of Directors.
The company intends to use the funds to expand its commercialization and R&D efforts.
Led by Dr. Alon Mozes, CEO and Co-Founder, Neocis manufactures and markets Yomi®, a robot-assisted surgical platform for the dental industry.
Already FDA cleared, Yomi is indicated for use to provide assistance in both the planning (pre-operative) and the surgical (intra-operative) phases of dental implantation surgery. The system provides software to preoperatively plan dental implantation procedures and provides navigational guidance of the surgical instruments. Yomi provides surgical guidance through the use of haptic robotic technology, software, and multisensory feedback to help achieve the right position, angulation, and depth to place the implant exactly according to plan.