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Biobot Surgical Pte Ltd

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uuid00027aq

Namestring
Biobot Surgical Pte Ltd
Legal namestring
BIOBOT SURGICAL PTE LTD
Company typeenum
Private
Founded yearint
2015
Descriptiontext

Biobot Surgical Pte Ltd is a Singapore-headquartered medical robotics company that developed and commercializes the iSR'obot Mona Lisa, a robotic platform for transperineal (percutaneous) prostate procedures. The platform combines Elastic MRI-Ultrasound Fusion imaging with robotic-assisted needle positioning to deliver sub-millimeter (within 1.0mm) accuracy for targeted prostate biopsies and, in its second generation, positioning for soft tissue ablation treatment. Biobot holds five key regulatory clearances across FDA, CE, NMPA, TGA, and HSA jurisdictions through two product generations — Mona Lisa [Dx] (launched 2017) for diagnostic biopsies and Mona Lisa 2.0 [Tx] (launched 2024) for ablation treatment positioning — with a pipeline product (ACCuESS) targeting expanded sites of care and indications.

The company monetizes through direct enterprise sales of the robotic system hardware to hospitals and urology centers, supplemented by consumables and procedure-support revenue from its installed base of 50+ units globally across the United States, China, Australia, Europe, and Asia Pacific. As of Q1 2024, over 25,000 procedures had been completed on the platform, generating a corpus of peer-reviewed clinical evidence that supports go-to-market efforts. Biobot employs 11–50 staff across three regional offices (Singapore, Saint Paul MN, Shanghai) and is led by an operations and technology team under the chairmanship of ZIG Ventures/Zicom Group founder Sim Giok Lak, with MicroPort Medbot CEO He Chao on the board.

Biobot has raised approximately US$39.5M across multiple financing rounds from 2023 through 2026, with ZIG Ventures as the consistent lead investor. The company's go-to-market relies on clinical evidence, KOL engagement, and a clinical advisory network, targeting urologists and hospital procurement systems seeking to address the clinical gap left by traditional transrectal biopsies, which carry 3–5% infection risk and detect only 23% of clinically significant cancers.

Short descriptiontext

Biobot Surgical Pte Ltd is a Singapore-based medical robotics company that develops the iSR'obot Mona Lisa robotic platform for transperineal prostate biopsy and ablation procedures, serving urologists and hospitals globally with 50+ installed units and regulatory clearances across FDA, CE, NMPA, TGA, and HSA markets.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersSingapore, Singapore
HQ citystring
Singapore
HQ countrystring
Singapore
HQ regionstring
Asia
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
robotic surgical systems, prostate biopsy devices, medical robotics platforms, transperineal biopsy equipment, surgical navigation technology
Industry5 codes
1Surgical Robotics & Computer-Assisted Surgery Platforms
CodeHLAHADAFPrimaryYes
2Healthcare & Assistive Robotics
CodeHDAAAIACPrimaryNo
3Intraoperative Imaging & Guidance (C-arms, O-arm, IOUS, fluorescence)
CodeHLAHADAHPrimaryNo
4Interventional Radiology & Image-Guided Therapy Systems
CodeHLAHABAGPrimaryNo
5Endourology & Minimally Invasive Urologic Surgery
CodeHLAKAOAFPrimaryNo
NAICS code2 codes
  • Electromedical and Electrotherapeutic Apparatus Manufacturing334510
  • Surgical Appliance and Supplies Manufacturing339113
SIC code2 codes
  • Surgical & Medical Instruments & Apparatus3841
  • Electromedical & Electrotherapeutic Apparatus3845
Product category
Surgical Robotics
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1Mona Lisa Robotic System Sales
TypeHardware Sales
Description

Sale of the iSR'obot Mona Lisa robotic platform for prostate biopsy and ablation procedures. System includes hardware components and integrated software for MRI-ultrasound fusion imaging.

biobotsurgical.com
2Procedure-related Revenue
TypeHardware Sales
Description

Revenue generated from consumables and procedure support for the installed base of 50+ units globally, completing over 25,000 procedures.

biobotsurgical.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Supply Chain, Personnel, Operations, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 2 records shown
1iSR'obot
Description

Robotic platform brand name for the Mona Lisa system.

biobotsurgical.com
+1 more record
Core offering1 text field

Biobot Surgical develops and sells the iSR'obot Mona Lisa robotic platform for transperineal prostate procedures, combining MRI-ultrasound fusion imaging with robotic-assisted needle positioning. The portfolio includes Mona Lisa [Dx] for targeted prostate biopsies and Mona Lisa 2.0 [Tx] which adds indications for soft tissue ablation treatment positioning, supported by proprietary Dual Cone Technology and an installed base of 50+ units globally.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • Robotic-assisted needle positioning accuracy within 1.0mm
+4 more records
Product overview1 text field

Biobot Surgical offers a robotic-assisted surgical platform for prostate disease management centered on the iSR'obot Mona Lisa system. The portfolio consists of two product generations: Mona Lisa [Dx] (first generation, launched 2017) for targeted prostate biopsies, and Mona Lisa 2.0 [Tx] (second generation) which extends functionality to include soft tissue ablation treatment. Both versions utilize the same core robotic platform featuring MRI-ultrasound fusion technology, dual cone technology for maximal prostate coverage, and sub-millimeter robotic accuracy for needle positioning. The system enables transperineal (percutaneous) prostate procedures with minimal infection risk compared to traditional transrectal approaches. The company also offers ACCuESS as an innovation pipeline expansion for expanding sites of care.

Product and service2 records
1iSR'obot Mona Lisa [Dx]
CategoryRobotic Surgical Platform
Description

A cutting-edge robotic system for transperineal prostate targeted biopsies. Combines MRI-ultrasound fusion guidance with robotic-assisted needle positioning to achieve sub-millimeter accuracy within 1.0mm. Includes automated biopsy planning, dual cone technology for maximal prostate coverage, and compatibility with existing imaging workflows. Holds FDA, NMPA, TGA and HSA clearances.

2Mona Lisa 2.0 [Tx]
CategoryRobotic Surgical Platform
Description

Second-generation robotic system that expands indications beyond diagnostic biopsy to include positioning for soft tissue ablation treatment. Features robotic accuracy, MRI-ultrasound fusion, and dual cone technology with enhanced workflow capabilities for ablation planning including visual overlays of lesion margins and simulated ablation zones. Holds FDA, CE, TGA and HSA clearances.

Scale indicator7 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Global leader in surgical robotics with the da Vinci platform. While its prostate focus is broader (multi-specialty) and it does not specialize in transperineal biopsy, it is the dominant force in robotic-assisted urological surgery and represents both a benchmark and a competitive threat to Biobot's positioning.

TypeDirect peer
Description

Chinese surgical robotics company whose CEO He Chao sits on Biobot's board. MedBot's Toumai laparoscopic robot competes in overlapping geographies; the strategic overlap creates both partnership upside and competitive risk for Biobot.

TypeBroad incumbent
Description

Global medtech and imaging player with interventional guidance and image-guided therapy offerings. Comparable as an imaging-led incumbent that could expand into robotic-assisted biopsy or treatment, leveraging its installed MRI/ultrasound base.

TypeEmerging player
Description

Developer of the TSolution One robotic system for orthopedic surgery. Comparable as a niche, category-defining surgical robotics company that pioneered computer-assisted surgery in its specialty before larger incumbents entered.

TypeEmerging player
Description

UK-based precision engineering company with neurosurgical robotics (Neuromate) and significant expertise in image-guided, precision positioning systems. Comparable in applying high-accuracy robotic positioning to clinical procedures, though in different anatomical specialties.

TypeDirect peer
Description

Direct urology robotics competitor with the AquaBeam system for waterjet-based prostate tissue ablation. Targets the same urology call point and is expanding indications in prostate disease management, making it the most directly comparable commercial-stage peer.

TypeBroad incumbent
Description

Major imaging and image-guided therapy provider whose MRI and ultrasound platforms underpin much of the imaging workflow Biobot's fusion technology requires. A potential ecosystem partner or competitor as imaging-native companies expand into robotic guidance.

TypeDirect peer
Description

Developer of the CyberKnife and TomoTherapy radiation therapy robotics systems serving urological oncology. Targets similar patient populations (prostate cancer) with a different modality and competes for hospital capital budgets in urology service lines.

TypeBroad incumbent
Description

Hugo robotic-assisted surgery platform represents Medtronic's challenge to Intuitive in soft-tissue robotics. With massive R&D and global hospital channel access, Medtronic is a credible entrant into urological robotics that could pressure Biobot's market position.

TypeBroad incumbent
Description

Through its MONARCH platform (bronchoscopy robotics) and Ottava program, J&J is positioning aggressively in surgical robotics. The combination of capital, hospital relationships and broader surgical ecosystem makes it a long-term competitive threat across urology and adjacent indications.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers12 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability3 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles13 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds4 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors4 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Biobot Surgical Pte Ltd

Surgical Roboticsbiobotsurgical.com

Biobot Surgical Pte Ltd is a Singapore-based medical robotics company that develops the iSR'obot Mona Lisa robotic platform for transperineal prostate biopsy and ablation procedures, serving urologists and hospitals globally with 50+ installed units and regulatory clearances across FDA, CE, NMPA, TGA, and HSA markets.

What Biobot Surgical Pte Ltd does

Biobot Surgical Pte Ltd is a Singapore-headquartered medical robotics company that developed and commercializes the iSR'obot Mona Lisa, a robotic platform for transperineal (percutaneous) prostate procedures. The platform combines Elastic MRI-Ultrasound Fusion imaging with robotic-assisted needle positioning to deliver sub-millimeter (within 1.0mm) accuracy for targeted prostate biopsies and, in its second generation, positioning for soft tissue ablation treatment. Biobot holds five key regulatory clearances across FDA, CE, NMPA, TGA, and HSA jurisdictions through two product generations — Mona Lisa [Dx] (launched 2017) for diagnostic biopsies and Mona Lisa 2.0 [Tx] (launched 2024) for ablation treatment positioning — with a pipeline product (ACCuESS) targeting expanded sites of care and indications.

The company monetizes through direct enterprise sales of the robotic system hardware to hospitals and urology centers, supplemented by consumables and procedure-support revenue from its installed base of 50+ units globally across the United States, China, Australia, Europe, and Asia Pacific. As of Q1 2024, over 25,000 procedures had been completed on the platform, generating a corpus of peer-reviewed clinical evidence that supports go-to-market efforts. Biobot employs 11–50 staff across three regional offices (Singapore, Saint Paul MN, Shanghai) and is led by an operations and technology team under the chairmanship of ZIG Ventures/Zicom Group founder Sim Giok Lak, with MicroPort Medbot CEO He Chao on the board.

Biobot has raised approximately US$39.5M across multiple financing rounds from 2023 through 2026, with ZIG Ventures as the consistent lead investor. The company's go-to-market relies on clinical evidence, KOL engagement, and a clinical advisory network, targeting urologists and hospital procurement systems seeking to address the clinical gap left by traditional transrectal biopsies, which carry 3–5% infection risk and detect only 23% of clinically significant cancers.

Biobot Surgical Pte Ltd firmographics

Firmographics
Name
Biobot Surgical Pte Ltd
Legal name
BIOBOT SURGICAL PTE LTD
Website
https://biobotsurgical.com
Company type
Private
Founded year
2015
Operating status
Operating
Headcount range
11–50 employees
Short description
Biobot Surgical Pte Ltd is a Singapore-based medical robotics company that develops the iSR'obot Mona Lisa robotic platform for transperineal prostate biopsy and ablation procedures, serving urologists and hospitals globally with 50+ installed units and regulatory clearances across FDA, CE, NMPA, TGA, and HSA markets.
Ownership category
akta.pro rank

Biobot Surgical Pte Ltd industry classification

Industry
Product category
Surgical Robotics
NAICS
Electromedical and Electrotherapeutic Apparatus Manufacturing (334510), Surgical Appliance and Supplies Manufacturing (339113)
SIC
Surgical & Medical Instruments & Apparatus (3841), Electromedical & Electrotherapeutic Apparatus (3845)
akta.pro primary industry
Surgical Robotics & Computer-Assisted Surgery Platforms (HLAHADAF)
akta.pro secondary industries
Healthcare & Assistive Robotics (HDAAAIAC), Intraoperative Imaging & Guidance (C-arms, O-arm, IOUS, fluorescence) (HLAHADAH), Interventional Radiology & Image-Guided Therapy Systems (HLAHABAG), Endourology & Minimally Invasive Urologic Surgery (HLAKAOAF)

Keywords

  • Robotic surgical systems
  • Prostate biopsy devices
  • Medical robotics platforms
  • Transperineal biopsy equipment
  • Surgical navigation technology

Where Biobot Surgical Pte Ltd is headquartered

Location

Headquarters

HQ city
Singapore
HQ country
Singapore
HQ region
Asia

Offices3 records

Markets served

Biobot Surgical Pte Ltd business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Technology or R&D, Supply Chain, Personnel, Operations, Marketing or Sales

Revenue model

  1. Mona Lisa Robotic System Sales: Sale of the iSR'obot Mona Lisa robotic platform for prostate biopsy and ablation procedures. System includes hardware components and integrated software for MRI-ultrasound fusion imaging.
  2. Procedure-related Revenue: Revenue generated from consumables and procedure support for the installed base of 50+ units globally, completing over 25,000 procedures.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Biobot Surgical Pte Ltd product offering

Product offering

Core offering

Biobot Surgical develops and sells the iSR'obot Mona Lisa robotic platform for transperineal prostate procedures, combining MRI-ultrasound fusion imaging with robotic-assisted needle positioning. The portfolio includes Mona Lisa [Dx] for targeted prostate biopsies and Mona Lisa 2.0 [Tx] which adds indications for soft tissue ablation treatment positioning, supported by proprietary Dual Cone Technology and an installed base of 50+ units globally.

Product overview

Biobot Surgical offers a robotic-assisted surgical platform for prostate disease management centered on the iSR'obot Mona Lisa system. The portfolio consists of two product generations: Mona Lisa [Dx] (first generation, launched 2017) for targeted prostate biopsies, and Mona Lisa 2.0 [Tx] (second generation) which extends functionality to include soft tissue ablation treatment. Both versions utilize the same core robotic platform featuring MRI-ultrasound fusion technology, dual cone technology for maximal prostate coverage, and sub-millimeter robotic accuracy for needle positioning. The system enables transperineal (percutaneous) prostate procedures with minimal infection risk compared to traditional transrectal approaches. The company also offers ACCuESS as an innovation pipeline expansion for expanding sites of care.

Differentiator

Problem solved

Functional benefit

Brands

  • iSR'obot: Robotic platform brand name for the Mona Lisa system.
  • Mona Lisa

Products and services

  • iSR'obot Mona Lisa [Dx] A cutting-edge robotic system for transperineal prostate targeted biopsies. Combines MRI-ultrasound fusion guidance with robotic-assisted needle positioning to achieve sub-millimeter accuracy within 1.0mm. Includes automated biopsy planning, dual cone technology for maximal prostate coverage, and compatibility with existing imaging workflows. Holds FDA, NMPA, TGA and HSA clearances.
  • Mona Lisa 2.0 [Tx] Second-generation robotic system that expands indications beyond diagnostic biopsy to include positioning for soft tissue ablation treatment. Features robotic accuracy, MRI-ultrasound fusion, and dual cone technology with enhanced workflow capabilities for ablation planning including visual overlays of lesion margins and simulated ablation zones. Holds FDA, CE, TGA and HSA clearances.

Quantifiable outcome

  • Robotic-assisted needle positioning accuracy within 1.0mm
  • +4 more outcomes

Companies that use Biobot Surgical Pte Ltd

Customer profile

Named customers12 records

Segments2 records

Ideal customer profiles2 records

Biobot Surgical Pte Ltd technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature5 records

Biobot Surgical Pte Ltd partnerships and signals

Strategic signal

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Biobot Surgical Pte Ltd competitors and assessment

Company assessment

Broad incumbents

  • Intuitive Surgical: Global leader in surgical robotics with the da Vinci platform. While its prostate focus is broader (multi-specialty) and it does not specialize in transperineal biopsy, it is the dominant force in robotic-assisted urological surgery and represents both a benchmark and a competitive threat to Biobot's positioning.
  • Philips: Global medtech and imaging player with interventional guidance and image-guided therapy offerings. Comparable as an imaging-led incumbent that could expand into robotic-assisted biopsy or treatment, leveraging its installed MRI/ultrasound base.
  • Siemens Healthineers: Major imaging and image-guided therapy provider whose MRI and ultrasound platforms underpin much of the imaging workflow Biobot's fusion technology requires. A potential ecosystem partner or competitor as imaging-native companies expand into robotic guidance.
  • Medtronic: Hugo robotic-assisted surgery platform represents Medtronic's challenge to Intuitive in soft-tissue robotics. With massive R&D and global hospital channel access, Medtronic is a credible entrant into urological robotics that could pressure Biobot's market position.
  • Johnson & Johnson (MONARCH/Johnson & Johnson MedTech): Through its MONARCH platform (bronchoscopy robotics) and Ottava program, J&J is positioning aggressively in surgical robotics. The combination of capital, hospital relationships and broader surgical ecosystem makes it a long-term competitive threat across urology and adjacent indications.

Direct peers

  • MicroPort MedBot: Chinese surgical robotics company whose CEO He Chao sits on Biobot's board. MedBot's Toumai laparoscopic robot competes in overlapping geographies; the strategic overlap creates both partnership upside and competitive risk for Biobot.
  • PROCEPT BioRobotics: Direct urology robotics competitor with the AquaBeam system for waterjet-based prostate tissue ablation. Targets the same urology call point and is expanding indications in prostate disease management, making it the most directly comparable commercial-stage peer.
  • Accuray: Developer of the CyberKnife and TomoTherapy radiation therapy robotics systems serving urological oncology. Targets similar patient populations (prostate cancer) with a different modality and competes for hospital capital budgets in urology service lines.

Emerging players

  • THINK Surgical: Developer of the TSolution One robotic system for orthopedic surgery. Comparable as a niche, category-defining surgical robotics company that pioneered computer-assisted surgery in its specialty before larger incumbents entered.
  • Renishaw: UK-based precision engineering company with neurosurgical robotics (Neuromate) and significant expertise in image-guided, precision positioning systems. Comparable in applying high-accuracy robotic positioning to clinical procedures, though in different anatomical specialties.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Biobot Surgical Pte Ltd social profiles

Digital presence

Biobot Surgical Pte Ltd financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Biobot Surgical Pte Ltd leadership team

Management profile

Number of profiles

Profiles13 records

Biobot Surgical Pte Ltd funding detail

Funding detail

Funding overview

Funding rounds4 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Biobot Surgical Pte Ltd M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Biobot Surgical Pte Ltd

What does Biobot Surgical Pte Ltd do?

Biobot Surgical develops and sells the iSR'obot Mona Lisa robotic platform for transperineal prostate procedures, combining MRI-ultrasound fusion imaging with robotic-assisted needle positioning. The portfolio includes Mona Lisa [Dx] for targeted prostate biopsies and Mona Lisa 2.0 [Tx] which adds indications for soft tissue ablation treatment positioning, supported by proprietary Dual Cone Technology and an installed base of 50+ units globally.

Is Biobot Surgical Pte Ltd a public or private company?

Biobot Surgical Pte Ltd is a private company. It is classified as venture growth investor backed and is currently operating.

When was Biobot Surgical Pte Ltd founded?

Biobot Surgical Pte Ltd was founded in 2015. It employs 11 to 50 people.

Where is Biobot Surgical Pte Ltd based?

Biobot Surgical Pte Ltd is headquartered in Singapore, Singapore, in the Asia region.

How does Biobot Surgical Pte Ltd make money?

Two revenue lines are on record. Mona Lisa Robotic System Sales are the primary driver. The others are procedure-related Revenue.

Who are Biobot Surgical Pte Ltd's main competitors?

Broad incumbents on record are Intuitive Surgical, Philips, Siemens Healthineers, Medtronic and Johnson & Johnson (MONARCH/Johnson & Johnson MedTech). Direct peers are MicroPort MedBot, PROCEPT BioRobotics and Accuray. Emerging players are THINK Surgical and Renishaw.

Does Biobot Surgical Pte Ltd have an API?

No public API is recorded for Biobot Surgical Pte Ltd.

What industry is Biobot Surgical Pte Ltd in?

Biobot Surgical Pte Ltd's product category is Surgical Robotics. Its primary akta.pro industry code is HLAHADAF, Surgical Robotics & Computer-Assisted Surgery Platforms, with a secondary code of HDAAAIAC, Healthcare & Assistive Robotics. Its NAICS code is 334510 and its SIC code is 3841.

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Live signals
TNGlobalSingapore's Biobot Surgical raises $15M to expand robotic prostate cancer platform into US marketBiobot Surgical raised S$20 million ($15.4 million) led by ClavystBio and ZIG Ventures to expand its robotic prostate cancer platform into the US market. The funding will accelerate adoption of its Mona Lisa system, which has deployed over 80 systems globally and supported more than 30,000 patients.Tech in AsiaSingapore medtech firm Biobot raises $15.4m for US pushBiobot Surgical raised S$20 million (US$15.4 million) in a round led by ClavystBio and ZIG Ventures. The funding will support US commercialization of its Mona Lisa prostate cancer platform, which has over 80 systems deployed globally. The company will partner with Fogarty Innovation for US commercialization.EIN PresswireFusion Biopsy Market Overview, Trends, Growth Forecast & Key Industry Insights 2034Fortune Business Insights published a market research report projecting the global fusion biopsy market to grow from USD 793.5 million in 2025 to USD 1,546.7 million by 2034, representing a compound annual growth rate of 7.7%. The market growth is driven by increasing prostate cancer incidence and rising demand for precision diagnostic procedures that combine MRI with ultrasound imaging. Two notable industry developments include Biobot Surgical receiving CE certification for its Mona Lisa 2.0 robotic system in January 2025 and GE HealthCare launching its AI-enabled Prostate Volume Assist software in March 2024.PR NewswireBIOBOT SUCCESSFULLY CLOSES S$24 MM SERIES B FUNDING ROUNDBIOBOT Surgical successfully closed a S$24 million Series B funding round led by investor Mr. Tony Tan, with participation from ZIG Ventures and new strategic investors. The company has deployed over 50 Mona Lisa robots globally, completing more than 20,000 procedures, and recently received FDA clearance for its Mona Lisa 2.0 system. The raised capital will be used to fuel global expansion efforts and further develop the company's digital surgery infrastructure.Medical BuyerBIOBOT Surgical closes Series B funding roundBIOBOT Surgical announced the successful closure of its Series B funding round, securing S$24 million (US$18 million). This capital will enable the company to expand its global presence and further develop its digital surgery infrastructure.PR NewswireNew Robotic Assisted Transperineal Needle-Guidance System for Prostate Biopsy and Cancer Ablations Received U.S FDA 510(k) ClearanceBiobot Surgical, a Singapore-based medical robotics company, has received U.S. FDA 510(k) clearance for the iSR'obot Mona Lisa 2.0, a robotic-assisted transperineal needle-guidance system for image-guided prostate biopsies and cancer ablation procedures. The system enables urologists to plan and position single or multiple needles with robotic precision, and clinical studies demonstrated an 81 percent higher prostate cancer detection rate compared to cognitive fusion biopsy. With first-generation products already marketed in Europe, Australia, and Asia, this FDA clearance marks the company's entry into the U.S. market.