Vicarious Surgical: $13.2 Million Funding, Philip Liang And Ric Fulop Added To Board

By Noah Long ● August 11, 2020
  • Vicarious Surgical has announced that it has raised $13.2 million in funding. These are the details.

Vicarious Surgical has announced that it has raised $13.2 million in funding led by Philip Liang of E15 Capital. And in connection with this funding round, Vicarious Surgical added Liang and Ric Fulop to its Board of Directors.

Fulop is known as the founding CEO of Desktop Metal and he brings his experience building two unicorn startups to the Vicarious Surgical team as a member of the Board of Directors.

Along with E15 Capital, the new round of funding also included investment from existing investors Bill Gates, Khosla Ventures, Innovation Endeavors, and AME Cloud Ventures. And Vicarious Surgical plans use the proceeds to further develop its revolutionary new surgical robotics platform.

KEY QUOTES:

“As we approach clinical use with our first product, I am thrilled to bring on Phil, E15 Capital, and the experience of their team. Adding both the capital and E15’s experience in this industry will be invaluable to our success. This is a great milestone and a strong start to the next phase of our growth as a company.”

– Adam Sachs, CEO of Vicarious Surgical

“We couldn’t be more excited to join Adam and the Vicarious Surgical team in their mission to offer high-quality surgical care across the world. I’ve been incredibly impressed with the progress the Vicarious Surgical team has made. As an investor in surgical robotics, this is the type of company and founder you hope to find. I am excited to bring our industry experience to the existing team and to drive this company towards helping patients, surgeons, and hospitals across the world.”

– Phillip Liang, Managing Director of E15 Capital

“I’m proud to be part of such an incredible team, and excited to help their mission to improve patient care, surgeon experience, and reduce cost from the healthcare system.”

– Ric Fulop