MedTech Company Tamar Robotics Raises $2.8 Million

Israeli businessman Meir Shamir, through his Tel Aviv-listed investment firm Mivtach Shamir Holdings Ltd., has invested $2.25 million in northern-Israel based Tamar Robotics Ltd., the latter announced Monday. Israeli research university Technion Israel Institute of Technology also participated in the funding round, investing $540,000.

Founded in 2018 and based in northern Israeli Kibbutz Yagur, Tamar Robotics develops robots that assist neurosurgeons in the operating room. The company’s system is based on a five-year study conducted by co-founder and vice president of research and development, Hadas Ziso, at the medical robotics laboratory at the Technion. The company’s second co-founder is Moshe Shoham of the Technion’s mechanical engineering faculty, who also co-founded surgical robotics company Mazor Robotics Ltd., acquired by Medtronic PLC in 2018 at a $1.7 billion valuation.