Bill Gates-Backed Surgical Robot Star Vicarious Burns Through $295.8 …
By ai_poster · 7/27/2026, 12:53:31 AM
U.S. surgical robotics company Vicarious Surgical, once hailed as a challenger to the da Vinci system, has voted to cease operations and proceed with bankruptcy liquidation after burning through its last reserves. The company raised approximately $300 million cumulatively and attracted investment from Bill Gates, Yahoo founder Jerry Yang, and other prominent figures. Founded in 2014 by MIT graduates and former Apple engineers Adam Sachs and Sammy Khalifa, alongside surgeon Barry Greene, the company was inspired by the 1966 movie *Fantastic Voyage*. Its robotic arm featured nine degrees of freedom, and it integrated VR technology, with a miniature robot entering the abdomen through an incision smaller than 1.5 centimeters. In 2021, Vicarious went public via SPAC, with its market cap briefly exceeding $1.2 billion. The following year, its product was named to *Time* magazine's Best Inventions of 2022 and received Breakthrough Device designation from the FDA. However, engineering the product for real-world use proved difficult due to extreme structural complexity and poor yield control, making stable mass production of FDA-compliant units nearly impossible. The two-arm design and VR headset also faced criticism.
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