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Neptune Medical Leans Into GI Robotics, Spins Out Jupiter Endovascular

 
• By Natasha Barrow

Announced in conjunction with a $97m Series D financing round, Neptune underscores its gastrointestinal focus and robotics aspirations by spinning out Jupiter Endovascular, which will leverage $21m of the funding to support ongoing development of its Endoportal Control technology.

In Roman mythology Neptune is god of the sea and brother of Jupiter, king of the gods. • Source: Shutterstock

Neptune Medical is spinning out Jupiter Endovascular, aimed at “bring[ing] the precision and control of direct surgical access to catheter-based interventions,” to focus on its FDA-cleared Pathfinder CR System and expansion into robotics for gastrointestinal disease.

The announcement came in conjunction with a $97m Series D financing led by Sonder Capital and Olympus Corporation of the...

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