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The Israeli company's mission is to apply the most advanced technologies in microsurgical robotics, computer visualization and machine learning.

Eye surgery robotics startup ForSight raises $10M Israel-based ForSight Robotics announced today that it has raised $10 million for what it has deemed a “mega-seed round.” Led by Eclipse Ventures and Mithril Capital, the round will go toward expanding the company’s headcount and global reach, as it looks to bring its offerings to international markets, pending the sorts of regulatory approvals that go into launching a robotic surgery platform. The company’s surgical platform is designed specifically for ophthalmological (eye) surgeries — a category requiring a great deal of precisio...

Share The 2020s are on course to become the decade of the special purpose acquisition companies (SPACs), also known as "blank check" or "shell" companies. SPACs are set to outpace IPOs once again in 2021, after a record year that saw SPACs mature from a once obscure method of going public to a rabid, flavor-of-the-month frenzy amidst both institutional and retail investors. The year of COVID-19 saw 227 SPACs top traditional IPOs for the first time in history, raising $76 billion, compared to 67 billion raised from traditional IPOs. The first two months of 2021 have so far generated 144 S...

Startup Funding: February 2021 In February, several startups emerge from stealth, with one company working on AI inference architectures for the data center and another trying to make lenses thinner by patterning surfaces with tiny structures. Two new Chinese companies are trying to expand the country’s semiconductor design ecosystem with GPUs and interface IP. Plus, a maker of AI chips for ADAS draws another massive round this month as we take a look at 22 startups that collectively raised over $1.2B. Semiconductors & design GPU startup Moore Threads raised an undisclosed amount of pre-A ...

Symbio is working with Toyota and Nissan to increase robotic assembly efficiency Bay Area-based AI startup Symbio today announced its “official launch.” Backed by a total of $30 million in funding, the company has struck deals with both Nissan and Toyota to implement its software in U.S.-based factories. The company says its SymbioDCS technology is capable of dramatically increasing automation with factory robots on the assembly line. “To the end customer, the proposition is pretty straightforward,” CEO and co-founder Max Reynolds tells TechCrunch. “We’re improving the efficiency ...