Lincoln medical device company gets $20 million venture capital investment

Virtual Incision, the UNL spinoff co-founded by professor Shane Farritor, continues work to develop surgical robots in the group's office and lab at Nebraska Innovation Campus.

A medical-device company spun off from research done at the University of Nebraska announced it had received $20 million in a second round of venture capital investment Tuesday.

Virtual Incision, which designs and builds small robots capable of conducting less-invasive abdominal surgeries such as colon resections, will use the Series B+ investment in the push for commercialization, the company announced. Read More>>