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Funding round

CMR Surgical Growth

Reported as "Growth Equity"

CMR Surgical, which works in surgical robotics solutions development in Cambridge, raised $200M in a Growth round announced on 2 Apr 2025. 5 firms took part, 4 of them already investors. It is CMR Surgical's sixth venture round on record; the one before was a Growth in Sep 2023.

$200M

Amount raised

Not disclosed

Post-money valuation

5

Investors

no lead named

Valuation

What this round says about the price

CMR Surgical did not disclose a valuation in this round; its last disclosed one was $3.00B at the Series D (Jun 2021). It came 19 months after CMR Surgical's Growth. It is 11% of the $1.76B CMR Surgical has raised in the venture rounds on record. CMR Surgical raised again 18 months later: a Growth round of $400M in Oct 2026.

CMR Surgical's funding rounds

CMR Surgical has 7 venture rounds on record. This one is highlighted.

  1. Series A 18 Sep 2017 $46M
  2. Series B 21 Jun 2019 $100M
  3. Series C 2 Dec 2019 $252M
  4. Series D 28 Jun 2021, led by SoftBank Vision Fund and Ally Bridge Group $600M$3.00B post-money
  5. Growth 20 Sep 2023 $165M
  6. Growth this round 2 Apr 2025 $200M
  7. Growth 12 Oct 2026, led by Stryker Corporation $400M

Investors

Who put money in

5 firms took part; no lead investor was named.

Investors

  • backs 24 venture-backed companies new investor
  • SoftBank existing investor
  • Lightrock backs 62 venture-backed companies existing investor
  • Ally Bridge existing investor
  • existing major investors existing investor

Use of proceeds

What the money is for

According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.

  • Product development
  • Geographic expansion
  • Sales and marketing
  • Scaling operations
  • Working capital

Comparable rounds

How it compares

48 Growth rounds in Medical Supply Manufacturers within a year either side disclosed an amount; the median was $50M, and this round was 4.0 times the median. The closest in time, other companies' Growth rounds in Medical Supply Manufacturers:

Growth rounds in Medical Supply Manufacturers, Apr 2024 to Apr 2026: 48 rounds with an amount, log scale.
Comparable rounds
CompanyAnnouncedAmountPost-moneyLed by
Medical Supply Manufacturers8 Apr 2025$30Mnot disclosedAlly Bridge Group and Amed Ventures
Medical Supply Manufacturers4 Mar 2025$83M$250MValor
Medical Supply Manufacturers27 May 2025$35Mnot disclosedIllumina Ventures
Medical Supply Manufacturers26 May 2025$2.3Mnot disclosednot named
Medical Supply Manufacturers24 Feb 2025$142Mnot disclosedHealthQuest Capital
Medical Supply Manufacturers1 Jun 2025$100Mnot disclosedPatient Square Capital
Medical Supply Manufacturers20 Feb 2025$100Mnot disclosedAlly Bridge Group
Medical Supply Manufacturers17 Jun 2025$55Mnot disclosedCatalio Capital Management

Sources

Where this comes from

Reported by 10 sources.

Questions

Frequently asked

How much did CMR Surgical raise in its Growth round?

CMR Surgical raised $200M in its Growth round, announced in Apr 2025.

Which investors took part in CMR Surgical's Growth round?

Trinity Capital, SoftBank, Lightrock, Ally Bridge and existing major investors.

What was CMR Surgical's valuation at the Growth round?

It was not disclosed; its last disclosed one was $3.00B at the Series D (Jun 2021).

How does it compare with other Growth rounds in Medical Supply Manufacturers?

48 Growth rounds in Medical Supply Manufacturers within a year either side disclosed an amount; the median was $50M, and this round was 4.0 times the median.

Did CMR Surgical raise again after this round?

Yes: a Growth round in Oct 2026 of $400M.