Medical
Xenex raised $38 million in a round led by Essex Woodlands.
A dated step forward on the record · Company-reported
What the source says
“New backer Piper Jaffray Merchant Banking and existing investors Malin Corp. and Tectonic Ventures also participated.”
What it means
LightStrike, from Xenex Disinfection Services, is at stage 5 of 5 on our ladder: regulator-cleared or mass market. Its stage is set by other milestones on its record; this one adds to the history. This line rests on the company's own announcement; no regulator, customer or independent report confirms it in our sources yet.
Human help: Our sources report it working without human help.
More on LightStrike
- Health Canada registered the LightStrike6 robot for sale to healthcare facilities in Canada.
- Xenex said hospitals using LightStrike had completed 44 million cycles.
- Xenex said its robots had run more than 40 million cycles in more than 1,200 hospitals and healthcare sites.
- The FDA cleared the LightStrike+ robot through the De Novo route, creating a new device category for UV robots that reduce germs on hard surfaces in healthcare settings.
- Japanese medical company Terumo agreed to sell LightStrike robots in Japan.