Startup · $5m raised · Robotics
Building the world's first robotic system dedicated to arthroscopic surgery
Brisbane, QLD
Programs: Cicada Innovations (Cicada x Tech23)
Every investor coverage indicates participated in a round Convergence Medical raised.
| Investor | Rounds | Invested |
|---|---|---|
| Avicella Capital | Series A | - |
| Cicada Innovations | Accelerator | - |
Investors whose own portfolio pages list Convergence Medical, even though we haven't found any coverage of the round yet.
| Investor | Listed on |
|---|---|
| Summit Capital | its portfolio page ↗ |
Companies Convergence Medical acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Dr Chris Jeffery | CEO (former) · Founder | Startup Daily (22 Apr 2025), @AuManufacturing (2 Mar 2025), podtail.nl, @AuManufacturing (20 Jan 2025), Startup Daily (16 Jan 2025), Business News Australia (16 Jan 2025), beda.brisbane.qld.au, Startup Daily (16 Jul 2024), Business News Australia (20 Dec 2023) |
| Dr Kevin Plancher | Strategist and Advisor | @AuManufacturing |
| Dr Nicholas Colyvas | Chief Medical Officer | @AuManufacturing, Business News Australia |
Stories naming Convergence Medical. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Manufacturing roundup: Convergence Medical hires Dr Kevin Plancher after its Series A; Patties buys National Pies; GFG Alliance's unpaid water bills surface; ARENA grants EVX Australia $2.4 million for kerbside chargers.
Roundup of short industry items: Element 25 and Vaxxas win US government grants, Orthocell gets an R&D refund, Convergence Medical completes its Series A, and Monique Conheady takes a Hysata board seat.
Also Startup Daily
Roundup of three Australian raises — ElectraLith, Coposit and Convergence Medical — plus Quantum Brilliance naming its Series A backers and Rokt's secondary share sale.
Brisbane arthroscopic robotics maker Convergence Medical has raised a $5 million Series A from US backer Avicella Capital at a valuation topping $30 million, to commercialise its V01 robot in the US.
Also SmartCompany·@AuManufacturing·@AuManufacturing·podtail.nl·@AuManufacturing
Brisbane medtech Convergence Medical has closed a $5 million Series A with US backer Avicella Capital, valuing the surgical robot developer at $30 million as it prepares to commercialise and enter the US market.
Brisbane surgical robotics company Convergence Medical has closed its Series A at AU$5 million from US backer Avicella Capital, valuing it above AU$30 million as it prepares to commercialise its arthroscopic robot VO1.
Startup Daily and Cicada Innovations profile five health-focused deep tech startups selected for the August Cicada x Tech23 event in Sydney; one founder recalls earlier angel and VC fundraising.
Brisbane surgical-robotics startup Convergence Medical wins a US regulator's fast-track designation for its arthroscopic robot; the piece recalls two recent raises totalling $3 million and a new chief medical officer hire.