Medical robotics developer Vicarious Surgical with Bill Gates’ investment is planning a listing. The manufacturer is negotiating a merger with SPAC-company D8 Holdings, according to Bloomberg, citing its sources.
The parties are discussing a merger, which could result in a $ 1.1 billion valuation of the combined company. Negotiations are currently underway, an anonymous source told Bloomberg that there is no final decision and the companies may stop discussing the deal.
Vicarious Surgical develops robots for surgery. According to the creators of the startup, not every hospital can afford expensive surgical equipment, which also often takes up a lot of space – so the company expects to attract customers with less expensive and less cumbersome solutions.
A person can control such works with the help of augmented reality. They are miniature robotic human hands, which the surgeon is able to remotely control with the help of controllers and VR-helmet, being hundreds of kilometers from the site of operation.
Graduates of the Massachusetts Institute of Technology founded the startup in 2014. By 2019, the company managed to raise about $ 31.8 million. The startup received part of the money from the fund of Microsoft co-founder Bill Gates – Gates Frontier.
D8 Holdings was listed on the New York Stock Exchange in July 2020. Then they managed to raise $ 345 million.
Company Continues Strategic Expansion Adding New Service Capabilities, Talent, and Broadening Nearshore Footprint SAN JOSE, Calif.—January 5, 2023— GlobalLogic Inc., a Hitachi Group Company and Digital Engineering Leader, today announced the acquisition of Hexacta, a Pan-Latin-America digital and data engineering company. The acquisition is part of GlobalLogic’s continued strategy to expand its offerings, and its […]
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At 27th of November, 2015 the famous American company REI, which sells products for sports, tourism and travel, reported that on Friday – 30th of November, all 143 stores will be closed. The company decided to arrange for their employees a paid for the output. This decision is a kind of protest against rampant consumerism. […]
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Shares of Advanced Micro Devices, increased on 47.4% since the beginning of the year, rose on 10% after the announcement of the financial results of the 2nd quarter, which ended on June 27, and the publication of optimistic forecasts, despite the pandemic. The report was preceded by a sharp rise in shares of AMD after […]
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Recently was received an information that Nezhin fat plant will invest in the construction of a new oil-extracting factory. The Company appraises the need for investment in the construction of this plant in the amount of about $ 50 million (of proprietary funds and borrowed resources). Nezhin fat plant (Chernihiv region) plans to build the […]
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On March 4, the social network Facebook lifted the ban on showing political advertising, which was imposed after the November US presidential election. We introduced this temporary ban after the November 2020 elections to avoid confusion or abuse after the Election Day. Unlike other platforms, we require authorization and transparency not only for political and […]
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