The 50 Most Promising Israeli Startups - 2021 calcalistech.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from calcalistech.com Daily Mail and Mail on Sunday newspapers.
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CHARLESTOWN, Mass., and HONG KONG, April 15, 2021 /PRNewswire/ Vicarious Surgical Inc. ( Vicarious or Vicarious Surgical or the Company ), a next-generation robotics technology company seeking to improve both cost and efficiency of surgical procedures as well as patient outcomes, and D8 Holdings Corp. ( D8 ) (NYSE: DEH), a special purpose acquisition company, today announced that they have entered into a definitive business combination agreement. Upon the closing of this transaction, the combined company will operate as Vicarious Surgical Inc. and will be listed on the New York Stock Exchange ( NYSE ) under the new ticker symbol RBOT .
Canvas Announces $24 Million Series B to Revolutionize Drywall in the Construction Industry with the First Collaborative Robotics Solution
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SAN FRANCISCO, April 15, 2021 /PRNewswire/
Canvas, a construction robotics startup building the future in bold new ways, today announced it has raised a $24 million Series B led by Menlo Ventures. The financing included strategic investment by construction industry leader Suffolk Construction with participation from Alumni Ventures Group and existing investors Innovation Endeavors, Brick & Mortar Ventures, Obvious Ventures, and Grit Labs. Canvas plans to use the funds to accelerate its ability to transform construction work by bringing robotics into the built environment, starting with drywall finishing.
Vicarious Surgical To Go Public In Business Combination Deal With D8 Holdings
WASHINGTON (dpa-AFX) - Vicarious Surgical Inc., a next-generation robotics technology company, announced Thursday that it has entered into a definitive business combination agreement with D8 Holdings Corp. (DEH), a special purpose acquisition company.
Following the deal closure, the combined company will operate as Vicarious Surgical Inc. and will be listed on the New York Stock Exchange under the new ticker symbol RBOT . The transaction values the combined company at an enterprise value of approximately $1.1 billion.
The transaction is expected to deliver up to $460 million of gross proceeds, including up to $345 million of cash held in D8 s trust account. The transaction is further supported by a $115 million private placement of common stock or PIPE, priced at $10.00 per share, including investment by medical technology company Becton, Dickinson and Company (BDX). The new institutional investors and
Vicarious Surgical Inc and D8 Holdings Corp Announce Definitive Business Combination Agreement prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.