Funding round
CMR Surgical Growth
Reported as "Growth Equity"
CMR Surgical, which works in surgical robotics solutions development in Cambridge, raised $400M in a Growth round announced on 12 Oct 2026, led by Stryker Corporation. 1 firm took part. It is CMR Surgical's seventh venture round on record; the one before was a Growth in Apr 2025.
$400M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
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 18 months after CMR Surgical's Growth. It is 23% of the $1.76B CMR Surgical has raised in the venture rounds on record. No later venture round is on record for CMR Surgical.
CMR Surgical's funding rounds
CMR Surgical has 7 venture rounds on record. This one is highlighted.
Investors
Who put money in
Stryker Corporation led the round.
Lead investor
- Stryker Corporation new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing and scaling operations.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
Comparable rounds
How it compares
25 Growth rounds in Medical Supply Manufacturers within a year either side disclosed an amount; the median was $50M, and this round was 8.0 times the median. The closest in time, other companies' Growth rounds in Medical Supply Manufacturers:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Medical Supply Manufacturers | 19 Oct 2026 | $36M | not disclosed | Catalio Capital Management |
| Medical Supply Manufacturers | 20 Oct 2026 | $20M | not disclosed | not named |
| Cornerstone Robotics Medical Supply Manufacturers | 2 Sep 2026 | $700M | not disclosed | not named |
| Medical Supply Manufacturers | 23 Sep 2026 | $90M | not disclosed | Andera Partners and Sofinnova Partners |
| Medical Supply Manufacturers | 23 Sep 2026 | $56M | not disclosed | Omega Funds |
| Medical Supply Manufacturers | 20 Sep 2026 | $45M | not disclosed | Catalio Capital Management |
| Medical Supply Manufacturers | 18 Sep 2026 | $25M | not disclosed | Swisscanto (CH) Private Equity Switzerland Growth II L-QIF KmGK and Swisscanto |
| Medical Supply Manufacturers | 23 Sep 2026 | undisclosed | not disclosed | 1315 Capital |
Sources
Where this comes from
Reported by 8 sources.
Questions
Frequently asked
How much did CMR Surgical raise in its Growth round?
CMR Surgical raised $400M in its Growth round, announced in Oct 2026.
Who led CMR Surgical's Growth round?
Stryker Corporation led it.
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?
25 Growth rounds in Medical Supply Manufacturers within a year either side disclosed an amount; the median was $50M, and this round was 8.0 times the median.