Medrobotics Corp., a Raynham-based medical robotics company, said today it has closed up to $10 million in new debt financing from Hercules Technology III, L.P., an affiliate of Hercules Technology Growth Capital Inc.
The privately held company said the financing precedes Medrobotics' anticipated commercial launches in Europe and the United States.
Medrobotics said it is currently developing and commercializing the Flex Robotic System, a robotic-assist platform that enables surgeons to gain single-site access and visualization to difficult-to-access anatomical locations.
In December, the company announced the conversion of notes totaling $33.6 million purchased through recent financings into Series D preferred stock.
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