News Briefs

Medtech firm Current Surgical fetches $3.2m seed

True Ventures led the round with participation from 1517 Fund and SciFounders.

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  • The medtech company has raised a total of $4 million since its inception in 2020
  • Silicon Valley-based True Ventures backs early-stage tech startups
  • The venture capital firm has more than $3.8 billion under management

Washington, D.C.-based Current Surgical Inc, a developer of smart surgical needles, has raised $3.2 million in seed funding. True Ventures led the round with participation from 1517 Fund and SciFounders. The medtech company has raised a total of $4 million since its inception in 2020.

“There’s so much to be excited about with Current Surgical,” said Natasha Sharma, principal at True Ventures, in a statement. “Al and Chris have put their energy and deep experience with surgical robotics and biophysics into creating smart surgical needles that give surgeons ‘eyes inside’ so they can work with greater precision, like never before. This team also has immense compassion for the patients and customers who will benefit. We seek that in founders, and we can’t wait to see this work come to life.”

Based in Silicon Valley, True Ventures backs early-stage tech startups. The venture capital firm has more than $3.8 billion under management. True Ventures was founded in 2005.