Immertec Tech Bags Additional $6M in Series A Round of Financing

 Immertec Tech Bags Additional $6M in Series A Round of Financing

The company plans to use the capital to expand into new locations and bring in new hires, including a chief operating officer and other director-level team members across the operations team. The team has grown to 23, and is anticipated to be at nearly 50 by the end of the year

FREMONT, CA: Immertec Tech, a Tampa, Florida-based maker of an immersive real-time virtual surgery training system, closed an additional $6m in Series A funding.This round is a continuation of their Series A, which originally closed $6M in June 2020 and was reopened to include an additional $6M, totaling $12M.

The original $3m extension was oversubscribed and finished up being a total of $6m. Investors agreed to reopen the Series A to current investors and 20 private and angel investors.

Investors included Revolution’s Rise of the Rest Seed Fund, the Benvolio group NYC fund, among others.

The company plans to use the capital to expand into new locations and bring in new hires, including a chief operating officer and other director-level team members across the operations team. The team has grown to 23, and is anticipated to be at nearly 50 by the end of the year.

Founded in 2017 and led by Erik Maltais, Immertec is a new approach to surgical training that enables surgeons to remotely train in real-time, thus dissolving the physical barriers that restrict the adoption of modern medical devices and procedures. The company is in the process of creating 100 units of its VR platform and positioning them across the country. It is also planning to raise its Series B round next year.