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Aethon Raises Funds for Developing Medical Robots

Nov 30 2010

Aethon has received a new grant worth $2 million from five investors including Pacific Venture Group, Salix Ventures, Draper Triangle Ventures and Trident Capital. The previous investors who enabled Aethon to raise around $20 million for the last two years are Radius Ventures and Nexus Medical Partners.

The robots developed by Aethon are deployed in various medical areas including pharmacy. The consistency and efficiency of Aethon robots are ideal for supplying drugs. The TUG robots are also deployed to serve meals and other stock to medical staff. They are incorporated with asset tracking and recovery system of Aethon by means of RFID chips, enabling them to locate drugs and medical equipment.

Till date, around 100 US based hospitals are utilizing Aethon robots.

Source: http://www.aethon.com/

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