Funding accelerates deployment of CODI®, Cobionix’s Scientific AI-powered robotic platform, throughout North American and UK healthcare techniques
KITCHENER, ONTARIO –July 9, 2025– Cobionix, a pioneer in autonomous medical robotics, has closed a US $3 million funding spherical led by TitletownTech, a enterprise capital agency backed by Microsoft and the Inexperienced Bay Packers. Lions Funding and Dr. Paul McBeth, a outstanding medical robotics KOL, additionally participated amongst others. This funding will assist the commercialization of CODI®, Cobionix’s multi-functional robotic platform designed to boost healthcare supply via superior automation and AI.
“This partnership with TitletownTech marks a big milestone in our mission to revolutionize healthcare supply and drive the development of human and machine on the affected person’s bedside,” mentioned Matthew Sefati, CEO of Cobionix. “Their assist will allow us to increase the attain of CODI®, bringing cutting-edge robotic options to healthcare suppliers and sufferers worldwide,” mentioned Nima Zamani, Co-Founder and CTO of Cobionix.
CODI® is a configurable, medical-collaborative robotics platform able to performing a variety of patient-facing duties, together with diagnostic ultrasound procedures. Not like conventional robotic techniques that require important {hardware} modifications for various medical functions, CODI’s® design permits for speedy adaptation to numerous medical duties via easy software modifications and over-the-air software program updates.
The funding will assist scale ongoing pilot packages, that are at present within the analysis and medical pilot part, with initiatives underway in Canada, the U.S. and the U.Ok., together with partnerships with the Saskatchewan Well being Authority and the Nationwide Well being Service. The brand new funding will assist assist these pilot initiatives and transfer CODI® from bench to bedside, with a deal with launching within the U.S. market.
“Medical robotics is on the intersection of a number of highly effective expertise tendencies, and Cobionix is harnessing that convergence in a means that has actual potential to rework healthcare,” mentioned TitletownTech Managing Companion Jill Enos. “We’re excited to assist the group’s imaginative and prescient as the corporate pushes the boundaries of what’s potential on this area.”
“With an rising want for extremely expert medical care in our nation, particularly in our rural communities, we have to leverage distinctive technological advances to stretch our extremely expert workforce,” mentioned Prevea Well being President and CEO Dr. Ashok Rai. “CODI® does simply that, by permitting ultrasound technologists to carry out ultrasounds remotely with the identical stage of experience and hands-on care as if the affected person was proper in entrance of them. Not will the place you reside be a limiting issue within the sort of medical care you obtain due to the expertise that CODI® brings to the market.”
About Cobionix
Cobionix is a Canadian-based robotics firm devoted to growing autonomous options for the healthcare business. Its flagship product, CODI®, is designed to carry out quite a lot of medical procedures, decentralizing entry to high quality healthcare companies for sufferers and enabling healthcare suppliers to do extra with much less.
About TitletownTech
TitletownTech is a enterprise capital agency and innovation hub fashioned out of a partnership between the Inexperienced Bay Packers and Microsoft. Designed to carry world-class innovation and experience to each startups and company companions, TitletownTech focuses on funding and supporting high-growth, early-stage firms whereas enabling current companies to discover commercialization alternatives and rework operations via expertise. With investments throughout manufacturing & building; provide chain & logistics; agriculture, water, & power; digital well being; and sports activities, media & leisure, TitletownTech invests within the US and Canada, with a deal with the Midwest. Its portfolio consists of RAIC Labs, which leverages AI in protection and business sectors; Fork Farms, which fights meals insecurity via hydroponic techniques; GenLogs, which advances freight intelligence to fight fentanyl smuggling and human trafficking; Oculogica, which pioneers eye-tracking expertise for mind well being and impairment detection; and Realta Fusion, which is growing compact fusion expertise for sustainable power options. For extra data, please go to www.TitletownTech.com.
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Media Contact:
Cobionix
Electronic mail: media@cobionix.com
Web site: www.cobionix.com
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