Go Capital et al. in €5m round for Robocath

The fresh capital was provided by existing shareholders Go Capital, NCI, Normandie Participations, M Capital and Supernova Invest. They were joined by new backers Caisse d'Epargne Normandie Innovation, Crédit Agricole Innove en Normandie and Unexo.

Robocath will use this latest round to finance the rollout of its robotic platform in strategic European target markets. In conjunction with the round, the company also hired Lucien Goffart as CEO.

Previous funding
Go Capital and NCI led a €900,000 seed funding round for Robocath in May 2013, with the aim of strengthening the research and development team. Both VCs reinvested the same amount in July 2015, with €300,000 coming from NCI's Croissance et Proximité 2 fund and Go Capital making up the other €600,000.

VC firms M Capital and Normandie Participations then led a €4.7m funding round for the Rouen-based medical robotics startup in 2017. They were joined in the round by Go Capital and NCI.

Company
Established in 2009 and based in Rouen, Robocath is developing robots for remote arteriography. It is currently aiming for a commercial launch for its robotic platform R-One, for which it has received CE marking. The company employs a staff of 25.

People
Robocath – Lucien Goffart (CEO).

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• Topics
• Early-stage
• France
• Healthcare
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