We have reported previously about the FDA clearance of the ARTAS robot, and now it announced in October, "that it had sold its 100th system (at about US $200,000 each) and “harvested” its 10 millionth hair follicle. (At about 1200 to 1600 hair follicles per patient, that’s perhaps 7000 or so patients that have had the robotic surgery.)
And this month, news came out that the backers of Restoration Robotics, among them venture firms Sutter Hill, Clarus, and InterWest Partners, had just put a few more million dollars into the company, closing out a Series C round of $45 million, for a total investment to date of more than $70 million. (That’s $7 per hair if you’re counting.) img Image: Restoration Robotics ARTAS uses a high resolution image of the scalp to allow it to identify target follicles. Restoration Robotics started in 2002, and its first-generation product received Food and Drug Administration clearance in 2011. This latest round of funding aims to bring a second-generation robot to market.
See the robot in use:
Source: IEEE Spectrum