MMI (Medical Microinstruments)
Surgical robotics company founded in 2015 near Pisa, maker of the Symani microsurgery system. $125 million Series D in October 2026.
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About MMI (Medical Microinstruments)
Medical Microinstruments (MMI) was founded in 2015 near Pisa and develops the Symani Surgical System, a robotic microsurgery platform with NanoWrist instruments, tremor reduction and motion scaling of up to 20x, designed to operate on structures such as nerves and vessels down to 0.2 mm in diameter. On October 8, 2026 it announced a $125 million Series D led by existing investor BioStar Capital, with new investors S3 Ventures and Angelini Ventures and an undisclosed strategic investor; the funds will support commercial expansion in the US and key global markets and clinical trials, including the REMIND study. According to the company, about 50 systems are installed and about 3,500 complex procedures have been performed. Its North American base is in Jacksonville, Florida, and its CEO is Mark Toland. The round follows a $75 million Series B in 2022, led by Deerfield, and a $110 million round in 2024, led by Fidelity.
The Story
Founded in 2015 near Pisa. In 2022 it announced it was moving its headquarters to the United States, keeping R&D, manufacturing and business activities in Pisa. Founders' names do not appear in the sources reviewed, except Arturo Baroncelli, named in 2022 as representing the founders on the board.
Market & Clients
Key Customers
Hospitals and surgeons performing microsurgery; about 50 systems installed according to the company.
Geographic Presence
Funding & Investors
Total Funding
Funding Rounds
- 2022 - Series B: $75M
Lead: Deerfield Management - 2024 - Series C: $110M
Lead: Fidelity Management & Research Company - 2026 - Series D: $125M
Lead: BioStar Capital
Key Investors
Founding Team
Founders
Key Executives
- Mark Toland - CEO
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Read AnalysisSources
- MMI Raises $125M in Series D to Accelerate Commercial Growth of the Symani Surgical System Worldwide — BioSpace (comunicato MMI)
- Medical Microinstruments Secures $75M to Advance Robotic Microsurgery in United States — Robotics 24/7
- Surgical robotics company MMI raises $110 million — Jacksonville Daily Record
- MMI comunicato BusinessWire (Calci, Pisa) — BusinessWire
- MMI raises $125M Series D to scale robotic microsurgery — Dealroom