FRANCE – MastOR, a Paris, France-based medical device company developing a surgical robot for laparoscopy assistance, raised €4.9m in funding.
The round included a €3m seed investment from the Sofinnova Partners MD Start III Fund, as well as an additional €1.9M in non-dilutive funding through the i-Nov Innovation Award from BPI France, the French national public investment bank. The company intends to use the funds to advance its platform. Founded by Professor Brice Gayet and Pierre Campredon in 2019, based on science and technology that was developed at the ISIR robotics lab at Paris’ Sorbonne University and led by CEO Anne Osdoit, who is Partner at Sofinnova Partners and Chief Executive Officer, MastOR is an early-stage surgical robotics company whose laparoscopy assistance platform broadens access to minimally-invasive techniques for surgeons and optimizes resource utilization in the operating room. 02/07/2020
