Monday, October 26, 2026 · Daily editionET --:--:--

Company1 robot tracked

Venus Concept

Venus Concept makes ARTAS, which is at stage 5 of 5: regulator-cleared or mass market.

Website: venus.ai
In our records as: Venus Concept (formerly Restoration Robotics)
Latest milestone: 30 March 2026

01Robots

What Venus Concept makes

Each robot's stage is worked out from its dated, sourced milestones by the same published rules, whoever the maker is.

ARTASMedical · Hair transplant robotStage 5 of 5 · Regulator-cleared or mass marketARTAS is a robot for hair transplants. Using cameras, its arm takes small groups of hair follicles from the back of the scalp, and the newest model, ARTAS iXi, also makes the holes where the grafts go and plants them.Sold by Venus Concept to hair-restoration clinics; the company is now privately owned.The full record

02Track record

Every dated event

30 March 2026Milestone
Venus Concept became fully owned by funds of investor Madryn Asset Management and is now a private company.
Venus Concept press release, 1 Apr 2026Company-reported
21 Jan 2026Setback
Venus Concept said it would remove its shares from the Nasdaq stock market and stop filing reports with the SEC, to save costs during a turnaround.
Venus Concept press release, 21 Jan 2026Company-reported
6 Feb 2023Setback
Venus Concept said it would cut 70 jobs, about 18% of its staff, and leave markets that lost money.
MassDevice, 7 Feb 2023Company-reported
8 Oct 2019Milestone
Shareholders of Restoration Robotics, the San Jose company behind ARTAS, approved its merger with aesthetics firm Venus Concept.
MassDevice, 8 Oct 2019Company-reported
19 Aug 2019Regulator
Restoration Robotics got a CE mark to sell the ARTAS iX model in Europe.
MassDevice, 19 Aug 2019Company-reported

03Money

How it's funded

Venus Concept is privately held. We found no confirmed funding round to report.

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