Levita Magnetics raises $26M for Magnetic-Assisted Robotic Surgery platform - The Robot Report

Levita Magnetics said it has raised $26 million to fund regulatory and commercial progress on its Magnetic-Assisted Robotic Surgery (MARS) platform. The Menlo Park, California-based robotic surgery system developer also appointed Maria Sainz as chair of its board of directors. The MARS platform is designed to help surgeons perform more high-volume abdominal procedures using fewer incisions and less personnel. Levita won FDA de novo classification for its Levita Magnetic Surgical System in 2015. That handheld device uses a magnet placed outside of a patient's abdomen to control a magnetic grasper inside the body during surgery, requiring only one incision instead of two.