Startup · $5m raised · Robotics
Brisbane, QLD
Programs: Cicada Innovations (Cicada x Tech23)
Every investor coverage indicates participated in a round Convergence Medical raised.
| Investor | Rounds | Invested |
|---|---|---|
| Avicella Capital | Series A | - |
| Cicada Innovations | Accelerator | - |
Investors whose own portfolio pages list Convergence Medical, even though we haven't found any coverage of the round yet.
| Investor | Listed on |
|---|---|
| Summit Capital | its portfolio page ↗ |
Companies Convergence Medical acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Dr Chris Jeffery | CEO (former) · Founder | Startup Daily (Tue 22 Apr 2025), @AuManufacturing (Sun 2 Mar 2025), podtail.nl, @AuManufacturing (Mon 20 Jan 2025), Startup Daily (Thu 16 Jan 2025), Business News Australia (Thu 16 Jan 2025), beda.brisbane.qld.au, Startup Daily (Tue 16 Jul 2024), Business News Australia (Wed 20 Dec 2023) |
| Dr Kevin Plancher | Strategist and Advisor | @AuManufacturing |
| Dr Nicholas Colyvas | Chief Medical Officer | @AuManufacturing, Business News Australia |
Stories naming Convergence Medical. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Manufacturing roundup: Convergence Medical hires Dr Kevin Plancher after its Series A; Patties buys National Pies; GFG Alliance's unpaid water bills surface; ARENA grants EVX Australia $2.4 million for kerbside chargers.
Roundup of short industry items: Element 25 and Vaxxas win US government grants, Orthocell gets an R&D refund, Convergence Medical completes its Series A, and Monique Conheady takes a Hysata board seat.
Also Startup Daily
Roundup of three Australian raises — ElectraLith, Coposit and Convergence Medical — plus Quantum Brilliance naming its Series A backers and Rokt's secondary share sale.
Brisbane arthroscopic robotics maker Convergence Medical has raised a $5 million Series A from US backer Avicella Capital at a valuation topping $30 million, to commercialise its V01 robot in the US.
Also SmartCompany·@AuManufacturing·@AuManufacturing·podtail.nl·@AuManufacturing
Brisbane medtech Convergence Medical has closed a $5 million Series A with US backer Avicella Capital, valuing the surgical robot developer at $30 million as it prepares to commercialise and enter the US market.
Brisbane surgical robotics company Convergence Medical has closed its Series A at AU$5 million from US backer Avicella Capital, valuing it above AU$30 million as it prepares to commercialise its arthroscopic robot VO1.
Startup Daily and Cicada Innovations profile five health-focused deep tech startups selected for the August Cicada x Tech23 event in Sydney; one founder recalls earlier angel and VC fundraising.
Brisbane surgical-robotics startup Convergence Medical wins a US regulator's fast-track designation for its arthroscopic robot; the piece recalls two recent raises totalling $3 million and a new chief medical officer hire.