Imperial College spin-out Acrobot raises more money from London Technology Fund

Funding

The London Technology Fund (LTF) has completed a further investment in the Imperial College spin-out Acrobot, a medical devices company specialising in computer-assisted orthopaedic surgery. LTF was the co-leader in a syndicate including Imperial Innovations Group plc and PUK Ventures that has now invested over £3 million in the company.

Acrobot’s products help surgeons plan operations and accurately place orthopaedic implants, working from the computer tomography scans of each patient. This gives a full 3D view of each patient’s anatomy and the appropriate positioning of the implants, which can be visualised prior to surgery. The plan is then fed into Acrobot’s Navigator or Sculptor surgical instruments, which help surgeons to ensure the implant is accurately placed.

Clinical data on the use of the Acrobot Navigator and Acrobot Sculptor show an increase in accuracy using these systems compared to conventional methods.

Graeme Brookes, CEO of Acrobot, said, “This is an important further funding round for Acrobot, enabling us to continue to drive forward the commercialisation of our technology.”

Acrobot, was founded in 1999 by Brian Davis, Professor of Medical Robotics in the Department of Mechanical Engineering at Imperial College London, and Justin Cobb, Professor of Orthopaedics at Imperial College London and a surgeon at Charing Cross Hospital, London.