Intuitive Surgical has led a $15m series A round for medical device manufacturer Broncus.
US-based lung-focused medical device producer Broncus Medical closed a $15m series A round yesterday provided by minimally invasive robotic-assisted surgery technology developer Intuitive Surgical.
The $15m forms part of a deal that also includes a collaboration agreement for technology development and Intuitive Surgical’s licensing of Broncus’ intellectual property.
Broncus Medical, founded in 1997 as Broncus Technologies, focuses on medical devices for lung diseases. The company filed for an $86m initial public offering in 2007 before pulling plans the following year…