This Silicon Valley startup has quietly raised $500 million to help diagnose cancer using controllers

Health and Commece

• Since its debut six years ago, Redwood City-based startup Auris Health has quietly raised $500 million to develop a series of tools designed to innovate surgical robotics technology.
• The company's latest product, Monarch, is a controller-operated robotic camera that allows physicians to visualize the inside of the human body.
• The technology, which was approved by the FDA earlier this month, could become a key tool in helping physicians diagnose lung cancer early on. 

If you've never heard of Auris Health, it's for good reason: Despite the vast amount of capital the company has accumulated over the past six years, Auris has deliberately operated in stealth mode, quietly developing a series of tools designed to innovate surgical robotics technology and raising $500 million from investors including Lux Capital, Mithril Capital Management, Highland Capital, and Coatue Management.

Earlier this month, the company received FDA approval for its latest product: a controller-operated robotic camera that has the potential to transform the way physicians diagnose lung cancer.  See the rest of the story at Business Insider

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