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SS Innovations raises $18.6M as surgical robot nears US market
SS Innovations has raised $18.6 million in a private placement to support the global expansion of its robotic surgery sales, with a focus on its home market and upcoming launches in the U.S. and European Union. The company’s SSi Mantra robot is designed to be more affordable than competitor systems and it filed for 510(k) clearance in the U.S. in December. Despite a reported net loss in 2025, SS Innovations saw significant revenue growth of nearly 106% and anticipates increased international revenue as it seeks clearances in multiple new markets this year.