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XACT Robotics
Biotech & Life Sciences · Caesarea, Israel · Founded 2013
XACT Robotics is developing a novel platform technology for robotic needle steering in minimally invasive interventional procedures MoreLess
XACT Robotics is a pioneering healthcare technology company that specializes in developing robotic systems for interventional procedures. The company's flagship product, the XACT ACE Robotic System, is designed to enhance the accuracy, consistency, and efficiency of percutaneous procedures, which involve inserting instruments into the body through the skin. This system is particularly beneficial for accessing difficult-to-reach tumors, lesions, or tissue samples.
XACT Robotics primarily serves healthcare providers, including hospitals and clinics, and indirectly benefits patients who require interventional procedures. The company operates in the healthcare technology market, a rapidly growing sector due to the increasing demand for innovative and efficient medical solutions.
The business model of XACT Robotics revolves around the development, production, and sale of its robotic systems. The company generates revenue through the sale of these systems to healthcare providers. Additionally, it may also earn from after-sales services such as maintenance and upgrades.
The XACT ACE Robotic System is unique in its ability to adapt to changes in the target's location during a procedure, thanks to its proprietary S-Drive technology. This technology allows the system to quickly switch from a linear to a non-linear trajectory, ensuring that the instrument remains on target despite any movement or obstacles.
The system also relies on the user's clinical expertise for planning the procedure. It comes with planning software that allows the user to select an entry point, target, and any obstacles to calculate a trajectory for the procedure. This ensures that the procedure is executed as planned, with the ability to monitor, adjust, and confirm the instrument's position at any point during the procedure.
Keywords: Healthcare Technology, Robotic Systems, Interventional Procedures, Percutaneous Procedures, Accuracy, Consistency, Efficiency, S-Drive Technology, Procedure Planning, Clinical Expertise.
Company overview
XACT Robotics company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2013
- Headquarters
- Caesarea, Israel
- Employees
- 14
- Open positions
- 4
- Dealroom signal
- 65.4
- Investment activity
- 1 companies · latest Jul 2020
- Capital deployed
- $3.5M
- Preferred round
- SERIES A
Valuation & funding
XACT Robotics funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES DOther financing | Nov 2019 | $36M | $144M | Mazor Robotics · Corindus | — |
| SERIES COther financing | Jun 2018 | $5M | $20M | MEDX Ventures Group | — |
| SERIES BOther financing | Mar 2017 | $5M | $20M | MEDX Ventures Group | — |
| SERIES AOther financing | Aug 2015 | $5M | $20M | MEDX Ventures Group | — |
| SPINOUTOther financing | Aug 2013 | $0 | — | Technion Israel Institute of Technology | — |
Growth signals
XACT Robotics website traffic
Latest recorded traffic for XACT Robotics is 600 monthly website visits, down 10.4% over the last three months. XACT Robotics's team declined 17.6% over the past year.
Hiring
Open positions at XACT Robotics
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Comparisons
XACT Robotics compared with similar companies
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Capital deployed
XACT Robotics investments and acquisitions
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Talent graph
XACT Robotics's talent
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Investors
4 investors on XACT Robotics's cap table
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Global footprint
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In the news
Latest news about XACT Robotics
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Market sentiment
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