MEDX Ventures Group

MEDX Ventures Group is an investment and management firm founded in 2010, headquartered in Hingham, Massachusetts, with additional offices in New York, Boston, Europe, and Israel. The firm specializes in medical technologies and prefers to invest in Israeli companies within this sector, particularly those focused on robotics. MEDX Ventures Group emphasizes active management, employing a distinctive X model that integrates a core team skilled in development, regulatory affairs, commercialization, and finance to effectively guide its portfolio ventures.

1 past transactions

XACT Robotics

Series B in 2017
XACT Robotics is developing a robotic technology platform for needle steering in minimally invasive interventional procedures, such as biopsies and ablations. The technology is based on a novel approach to needle steering using a five-degrees-of-freedom robot, ongoing needle path calculation, and real-time closed-loop control. XACT Robotics’ technology actively compensates for breathing and patient movement during the procedure, enabling fast, accurate, and safe needle insertion to the desired target. Real-time closed-loop control coupled with complex angulation 3D trajectories allow small deviations from the originally planned pathway to be immediately detected and corrected without the need for needle reinsertion or patient repositioning. XACT Robotics’ technology can apply to a wide range of applications, procedures and target organs using different imaging systems within the image-guided and robot-assisted surgery market. Addressing the growing need for a novel technology to assist in CT-guided procedures, XACT Robotics is initially developing a system composed of a patient-mounted robot, a control unit connected to the CT and to the robot, and a workstation for procedure planning and observation.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.