Intuitive Surgical
Intuitive Surgical Raises $120B in Public
Quick Facts
Intuitive Surgical Raises $120B in Public
Intuitive Surgical has successfully raised $120B in a Public at a $130B valuation led by Public.
Company Overview
Intuitive Surgical is a Medical Devices company headquartered in 1020 Kifer Road, Sunnyvale, CA 94086, founded in 1995 with 11600+ employees.
Medical device company
Fundraising Details
- Amount Raised: $120B
- Round Type: Public
- Valuation: $130B
- Date: 2024-01-01
- Investors: Public
About Intuitive Surgical
Medical device company The company is positioned in the Medical Devices sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 1020 Kifer Road, Sunnyvale, CA 94086
- Founded: 1995
- Team Size: 11600+
- Industry: Medical Devices
What This Means
This funding round demonstrates strong investor confidence in Intuitive Surgical's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Medical Devices sector continues to attract significant investment as companies innovate to meet evolving market demands. Intuitive Surgical's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $130B valuation marks an important milestone for Intuitive Surgical, positioning the company among notable players in the Medical Devices industry.
Looking Ahead
With this new capital, Intuitive Surgical is well-positioned to execute on its growth strategy and continue building innovative solutions in the Medical Devices space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
This fundraising news was reported on 2024-01-01. For more information about Intuitive Surgical, visit their headquarters at 1020 Kifer Road, Sunnyvale, CA 94086.
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