OR Productivity plc is a Guildford, UK–based developer of products for minimally invasive medicine, led by CEO Jeremy Russell. Its core product, FreeHand, is a surgeon-controlled camera holder that provides a clearer, more stable view during keyhole surgery. The product was launched recently and the company has signed new distribution partners in Europe and the Far East. OR Productivity plans to roll out FreeHand globally and to expand the clinical applications for the device. The company closed a first £1m tranche of a planned £2.5m funding round to support these activities. Management also plans to appoint a new US distributor later in the year. OR Productivity, based in Guildford, UK, is commercializing a robotically controlled camera holder for the laparoscopic market. Its device provides a rock-steady image totally under physician control without the need for an assistant. The company is led by CEO Jeremy Russell. It plans to use new capital to complete development of an upgraded version of its product. OR Productivity also intends to build and install robots in hospitals and to establish relationships with strategic partners for commercial exploitation and co-development. The company closed a £1.25m funding round to support these efforts.

Total raised

$4M

Funding rounds

2

Latest round

Equity

Latest activity

Sep 2013