Augmedics raises $82.5M in financing, reaches 4,000th case

Augmedics closed $82.5 million in series D financing to support the growth of Xvision, the medtech company said June 27.

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The funding round comes as the company marked its 4,000th U.S. patient treated with the augmented reality spine system, according to a news release. The money will grow Xvision’s reach in the U.S. and support future platform advancements.

Funding was led by Dallas-based CPMG and adds Evidity Health Capital as a syndicate partner. Kent McGaughy, of CPMG, and Paul Enever of Evidity, will join Augmedics’ board of directors.

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