Baird Capital co-led a $46 million Series C funding round in Virtual Incision Corp., a medical device company making miniaturized robots for laparoscopic surgery.
Virtual Incision is based in Lincoln, Nebraska. Baird Capital is the venture capital and private equity arm of Milwaukee-based Robert W. Baird & Co. Baird led the round alongside Endeavour Vision, a private equity firm based in Geneva, Switzerland.
Virtual Incision will use the money to support the regulatory and clinical programs needed to commercialize its product, which it calls a miniaturized in vivo robotic assistant (MIRA) surgical platform, according to a Nov. 30 announcement.
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