ZAP Surgical Systems Raises $78M in Series E Funding

Funding Rounds

Summary

Led by John R. Adler, MD, Professor Emeritus of Neurosurgery at Stanford University and Founder and CEO, ZAP Surgical Systems designs and manufactures the ZAP-X® Gyroscopic Radiosurgery® platform, a dedicated, non-invasive cranial radiosurgery solution to incorporate advanced gyroscopic technology. It aims to enable healthcare providers to deliver high-quality treatment without the costs and infrastructural burdens associated with traditional systems. The ZAP-X system features an innovative design with gyroscopic movement, enabling radiosurgical beams to be directed from thousands of potential angles for precise tumor targeting. Additionally, the vault-free and cobalt-free design of ZAP-X eliminates the need for shielded treatment rooms and removes the traditional requirement to manage, secure, and replace radioactive isotopes for radiation beam production. Commenting on the news, John R. Adler said: “This partnership with Baheal Medical perfectly aligns with our mission, providing ZAP-X with a powerful platform to reach millions of underserved patients globally.”

$ Funding

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Amount $78.0M Total raised
Date November 11, 2024 Announcement date
Investors - Lead investors
Company - Funded company

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