Fusion Robotics closes funding round for regulatory clearance, commercialization

Wednesday June 26, 2019 0 comments Tags: Boulder, Fusion Robotics, Brad Clayton, Alex Lukianov

BOULDER -- Fusion Robotics announced the closing of a financing round for an undisclosed amount with lead investment by Alex Lukianov (Lukpartners, LLC) and Kevin Foley, MD.fusion-robotics-logo

The proceeds will be used to ready the company's spinal robotics platform to obtain regulatory clearance and to prepare for commercialization, the company said.

The platform is an integration of technologies from Interventional Systems (Wattens, Austria) and Practical Navigation, LLC (Boulder).

"The Fusion Robotics platform has a small footprint and is simple, cost-effective and scalable," which differentiates the system from other spinal robots currently on the market and in the immediate-term product pipeline,” said Brad Clayton, Fusion CEO.

"Fusion Robotics will create opportunities for wide-scale adoption of robotics in spine surgery -- both in hospitals and ambulatory surgery centers (ASC's) -- by addressing constraints related to practicality and cost,” said Alex Lukianov, new Fusion board chair.

“We see tremendous potential and are excited to bring this technology to the global spine market.”