Boston-based robotics company Activ Surgical has secured $11 million in Series A funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced on Oct. 29 and led by DNS Capital.
According to its Crunchbase profile, "Activ Surgical’s scalable and patent-protected surgical software platform technology is driven by computer vision, artificial intelligence, analytics and machine learning to enhance a surgeon’s intra-operative decision making, and reduce unintended and preventable surgical complications."
The 3-year-old startup has raised two previous funding rounds, including a $12 million round earlier this year.
The round brings total funding raised by Boston companies in artificial intelligence over the past 90 days to $252 million. The local artificial intelligence industry has seen 43 funding rounds over the past year, yielding a total of $559 million in venture funding.
In other local funding news, lead generation company Own Up announced an $8.5 million Series A funding round on Oct 22, financed by Link Ventures.
According to Crunchbase, "Own Up provides a software solution that enables residential lending from various lenders. The company allows consumers to finance their homes by eliminating the salesperson and providing a solution to compare, choose, and close with lenders. It supports primary residences, second homes, and investment properties, including single-family and multi-family homes, condos, and townhomes."
Founded in 2015, the company has raised four previous rounds, including a $1.4 million round in 2018.