Robotic start-up Reactive Robotics nets 7-figure funding round

German medical robotics start-up Reactive Robotics said earlier this month it raised a 7-figure funding amount as it looks to accelerate its platform development and entry into the global market. The company is reportedly developing a robotic, intelligent therapy device designed to replace manual Very Early Mobilization therapy for use with intensive care patients. Reactive Robotics said it has developed a prototype, as well as established quality management systems and inked cooperative deals with business partners and suppliers. Existing investors include MTIP MedTech Innovation Partners AG, High-Tech Gründerfonds, Bayern Kapital and TQ-Group, according to a press release. Reactive Robotics said it expects to deliver its 1st clinical test product by the 1st quarter of 2018. The post Robotic start-up Reactive Robotics nets 7-figure funding round appeared first on MassDevice.
Source: Mass Device - Category: Medical Devices Authors: Tags: Business/Financial News Hospital Care Robotics reactiverobotics Source Type: news