Professional athletes often take part in post-game film sessions to see what they did right in their last contest and learn from what they got wrong.
Surgeons can now do something similar thanks to a system developed by a Palo Alto startup.
Theator Inc. offers artificial intelligence-powered software that automatically records and analyzes videos during surgeries. Surgeons can use such videos to learn from their prior operations as well as from those performed by other physicians across the United States.
The startup's system, dubbed Surgical Intelligence, "is changing the way we as surgeons think about the operating room today," Dr. Gerald Fried, the former chair of surgery at McGill University, said in a news release. "Surgical Intelligence is the future of surgery."
Theator has some new capital to help realize that future. It announced last week it's raised $24 million in an add-on to its Series A round, which it originally closed last year. The new funds bring to $39.5 million the amount Theator has raised in the round, according its news release. In total, the company has raised $42.5 million.
Founded in 2018 by a doctor and a technologist, both from Israel, the startup will use the funding to market its software more widely, it said.
Read on for more on Theator's round and other Series A funding news from this past week.
Metonee Inc. (dba Aptos Labs), Palo Alto, $150 million: FTX Ventures and Jump Crypto led the round for this blockchain developer that was founded by former Meta Platforms Inc. employees. Andreessen Horowitz, Multicoin, Apollo, Griffin Gaming Partners, Franklin Templeton, Circle Ventures and Superscrypt also invested.
Unstoppable Domains Inc., San Francisco, $65 million: Pantera Capital led the round for this provider of blockchain-based domain names. Mayfield Fund, Gaingels, Alchemy Ventures, Redbeard Ventures, Spartan Group, OKG Investments, Polygon, CoinDCX, CoinGecko, We3 syndicate, Rainfall Capital, Broadhaven, EI Ventures, Hard Yaka, Alt Tab Capital, Boost VC and Draper Associates also invested.
Neon Inc., San Francisco, $30 million: GGV Capital led the funding add-on for this provider of a cloud-based database. Khosla Ventures, General Catalyst, Founders Fund, Elad Gil, Nat Friedman, Ajeet Singh, Guillermo Rauch, Wes McKinney, Ryan Noon and Søren Brammer Schmidt also invested.
H-Protocol Inc. (dba Hashflow), San Francisco, $25 million: Electric Capital, Dragonfly Capital Partners, LedgerPrime, Balaji Srinivasan, Jump Crypto, Wintermute Trading, GSR, Kronos Research and Altonomy Pte. Ltd. invested in this operator of a cryptocurrency exchange.
Monarch Visual Technologies Inc. (dba Switchboard), San Jose, $25 million: Icon Ventures led the round for this provider of cloud-based collaboration software for remote teams. Sequoia Capital, XYZ Venture Capital and Spark Capital also invested.
Theator Inc., Palo Alto, $24 million: Insight Partners led the funding add-on for this provider of an artificial intelligence-powered service that automatically records and analyzes videos of surgeries. Blumberg Capital, Mayo Clinic, NFX, StageOne Ventures, iAngels, Dr. Neil Hunt, iCON and Ariel Cohen also invested.
Butlr Technologies Inc., Burlingame, $20 million: Tiger Global Management and Ray Stata led the round for this developer of sensors and software for remote property management. E14, Union Labs, Hyperplane Venture Capital and Tectonic Ventures also invested.
Nash Technologies Inc., San Francisco, $20 million: Andreessen Horowitz led the round for this provider of a service that allows online vendors to offer and manage same-day delivery of their products to customers. Y Combinator and Rackhouse Venture Capital also invested.
Huue Inc., $14.6 million, Berkeley: Material Impact led the round for this producer of synthetic dyes for textiles that replace toxic chemicals. Climate Tech VC, IndieBio, iGlobe, Jennifer Doudna and Jamie Cate also invested.
Datch Inc., San Francisco, $10 million: Blackhorn Ventures led the round for this voice technology provider that focuses on industrial operations. Blue Bear Capital, Stage Venture Partners, Boeing Horizon X and Plug and Play also participated.
