XSurgical
Surgical robotics
Overview
Raised: $700
Total Commitments ($USD)
Platform
Netcapital
Start Date
05/15/2023
Close Date
07/31/2023
Min. Goal
$10,000
Max. Goal
$540,000
Min. Investment
$100
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$2.00
Pre-Money Valuation
$10,222,814
Rolling Commitments ($USD)
Status
Active
Reporting Date
06/09/2023
Days Remaining
52
% of Min. Goal
7%
% of Max. Goal
0%
Likelihood of Max
Avg. Daily Raise
$28
Momentum
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Year Founded
2018
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
XSurgical, with a valuation of $10.2 million, is raising funds on NetCapital. The company has developed a surgical robotic platform capable of both operating in hospitals and portable in the open field. The platform integrates minimally invasive, open surgery and orthopedic procedures and brings the expertise and skills of a top surgeon to perform complex surgical procedures in remote locations. Gianluca De Novi, Michele Marzola, and Debora Botturi founded XSurgical in February 2018. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $540,000. The campaign proceeds will be used for product development, intellectual property, audit, business development, and general and administrative expenses.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-76,210 |
$-11,160 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$8,179 |
$6,040 |
|
Accounts Receivable |
$0 |
$15,172 |
|
Total Assets |
$220,179 |
$261,583 |
|
Short-Term Debt |
$320,000 |
$320,000 |
|
Long-Term Debt |
$385,881 |
$367,505 |
|
Total Liabilities |
$705,881 |
$687,505 |
Financials as of: 05/15/2023
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