Augmedics, a pioneer in augmented reality (AR) surgical navigation, has successfully closed an $82.5 million Series D financing round to accelerate the adoption of its xvision technology in spine surgery. The funding will support the company's expansion in the US market and the development of next-generation advancements for its xvision platform.
The xvision technology provides surgeons with "x-ray vision" during surgery, enabling accurate navigation of instruments and implants. It uses augmented reality to superimpose critical data onto the surgical field, allowing surgeons to visualize patient anatomy through skin and tissue. Since its commercial launch in 2020, xvision has been rapidly adopted by academic institutions across the country.
In addition to the successful financing round, Augmedics also celebrated a significant milestone: treating its 4,000th patient in the US using the xvision Spine System®. This system has revolutionized spine surgery by providing surgeons with better visualization, control, and accuracy. The company aims to continue leading