# Momentis Surgical

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/momentis-surgical

- Industry: Medical Devices & Equipment
- Headquarters: Or Yehuda, Israel
- Website: www.memicmed.com
- Total disclosed funding: $116M
- Latest round: Series C (Jan 4, 2023)
- Investors on record: 5

## About

Based in Or Yehuda, Israel, and founded in 2012, Momentis Surgical Ltd., formerly known as Memic Innovative Surgery, operates as a medical device company that develops a robotic-assisted surgical platform. The company was co-founded by CEO Dvir Cohen, Nir Shvalb, and Vito Vishnepolsky. In April 2021, Memic Innovative Surgery Ltd. raised USD 96 million in Series D funding co-led by new investor Ceros Financial Services and another returning investor. In August 2021, MedTech Acquisition Corp. acquired Memic Innovative Surgery through a SPAC merger transaction.
 
The company provides Hominis, an endoscopic instrument control system that is used for transvaginal procedures. The robotic surgical platform features miniature humanoid-shaped robotic arms. The company's robot is made up of tiny, humanoid-shaped, articulated arms that resemble human dexterity and outperform human flexibility, giving doctors intuitive control and a novel surgical technique for laparoscopic surgery.
 
Memic Innovative Surgery plans to use its recent funding from April 2021 to commercialize its platform in the U.S. and expand its marketing and sales efforts outside of the U.S. The company also plans to go public through its SPAC merger with MedTech Acquisition Corp.

## Funding rounds

- Series C, Jan 4, 2023 — Peregrine Ventures
- Series D, Apr 12, 2021, $96M — Peregrine Ventures, Accelmed, OurCrowd, Ceros Financial Services
- Series C, Jun 30, 2018, $3.3M — Peregrine Ventures
- Series C, Mar 1, 2018, $8.4M — OurCrowd
- Series B, Feb 29, 2016, $6.1M — OurCrowd
- Series A, Dec 1, 2015, $2M — Peregrine Ventures
- Seed, May 1, 2015, $0.1M — Peregrine Ventures
- Series C, date not disclosed — Jibe Ventures

## Investors

- Jibe Ventures (https://capitalatlas.ai/funds/jibe-ventures) — Series C
- Peregrine Ventures (https://capitalatlas.ai/funds/peregrine-ventures) — Seed, Series A, Series C, Series D
- OurCrowd (https://capitalatlas.ai/funds/ourcrowd) — Series B, Series C, Series D
- Accelmed (https://capitalatlas.ai/funds/accelmed) — Series D
- Ceros Financial Services — Series D