Surgical robotics company CMR raises $600M

Surgical robotics company CMR raises $600M

UK-based robotics company CMR Surgical this morning announced a $600 million Series D. This latest round, led by Softbank’s Vision Fund 2 and co-led by Ally Bridge Group, joins an existing $384.8 million already raised by the Cambridge firm. It values the company at...
UK gets data flows deal from EU — for now

UK gets data flows deal from EU — for now

The UK’s digital businesses can breathe a sign of relief today as the European Commission has officially signed off on data adequacy for the (now) third country, post-Brexit. It’s a big deal for UK businesses as it means the country will be treated by Brussels as...