Tech Company Financing Transactions
XACT Robotics Funding Round
XACT Robotics, based in Hingham, secured $36 million from Chasing Value Asset Management and private investors.
Transaction Overview
Company Name
Announced On
11/14/2019
Transaction Type
Venture Equity
Amount
$36,000,000
Round
Undisclosed
Investors
Chasing Value Asset Management (Lead Investor)
Proceeds Purpose
The company intends to use the proceeds to support the commercialization and continued development activities in support of the recently U.S. market cleared XACT Robotic System, which also has CE Mark.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
175 Derby St. 27/1
Hingham, MA 02043
USA
Hingham, MA 02043
USA
Phone
Website
Email Address
Overview
XACT Robotics is a privately held company, with offices in Hingham, MA, and Caesarea, Israel. The company is advancing the field of radiology, pioneering the first hands-free robotic system combining image-based planning and navigation with instrument insertion and steering capabilities, to democratize percutaneous interventional procedures.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Harel Gadot
Chief Executive Officer
Chen Levin
Chief Financial Officer
Shai Meltzer
VP - Human Resources
Sagit Grinberg
VP - Operations
Tzuriel Keren
VP - R & D
Moran Shochat
VP - Regulatory Affairs
Daniel Sigal
VP - Sales
Brian Allen
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Next: 11/14/2019: Convoy venture capital transaction
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We do our best to report on every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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