# XACT Robotics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xact-robotics

- Industry: Medical Devices & Equipment
- Headquarters: Israel
- Website: www.xactrobotics.com
- Total disclosed funding: $15M
- Latest round: Series C (Mar 1, 2018)
- Investors on record: 1

## About

XACT Robotics Ltd. focuses on developing robotic systems for percutaneous procedures, enhancing accuracy and effectiveness in medical interventions through advanced technology and innovative solutions.Founded in 2013 in Israel, XACT Robotics Ltd. specializes in robotics for medical procedures, aiming to improve patient outcomes. The company has secured a total of USD 36.00 mn in funding, with the latest Series D round occurring in November 2019, led by Chasing Value Asset Management, Inc. The company has completed 4 deals to date.XACT Robotics Ltd. specializes in the development and commercialization of advanced robotic systems for percutaneous procedures, with the XACT ACE® Robotic System as its flagship offering. This system integrates proprietary S-Drive™ technology, allowing for precise instrument trajectories during procedures, ensuring accurate targeting even with moving patients or changing anatomical obstacles. The XACT ACE® Robotic System enhances complex procedures such as biopsies, ablations, and therapeutic drug delivery. Primary customers include hospitals and medical facilities across North America, Europe, and Asia, addressing the growing demand for advanced medical technologies in these regions.XACT Robotics operates on a revenue model based on the sale of its XACT ACE® Robotic System and associated services. The company engages in business-to-business transactions, primarily selling to healthcare providers and institutions, while also offering training and support services. Pricing plans are tailored to institutional buyers, covering the costs of the robotic system, installation, and ongoing technical support, reflecting a commitment to seamless integration of their technology in clinical practice.XACT Robotics plans to leverage the USD 36.00 mn raised in Series D funding, concluded in November 2019, to support their growth initiatives, which include the development of new robotic systems and expanding into additional geographic markets. The company is targeting further market penetration in Europe and Asia, with aims to enhance their product offerings and customer reach in these regions.

## Funding rounds

- Series C, Mar 1, 2018, $5M — MEDX Ventures Group
- Series B, Mar 1, 2017, $5M — MEDX Ventures Group
- Series A, Aug 10, 2015, $5M — MEDX Ventures Group

## Investors

- MEDX Ventures Group (https://capitalatlas.ai/funds/medx-ventures-group) — Series A, Series B, Series C