Medical robotics business Prosurgics has £3.25 million to fund its growth following a venture capital-backed deal.

Medical robotics business Prosurgics has £3.25 million to fund its growth following a venture capital-backed deal.

Prosurgics has been acquired by FreeHand Surgical, a newly created company backed by the venture capital groups Chord Capital, Hygea VCT and Norway-based Fritas. The transaction leaves FreeHand with £3.25 million to fund a marketing push for Prosurgics’ “robotic arm” technology in hospitals in the US and the UK.

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