UAE based Crescent Enterprises invests in medtech
27-Nov-17, Arabian Gazette
UAE-based Crescent Enterprises has announced the closing of its investment in ColubrisMX and XCath, two next-generation micro-robotic medical device companies through its newly launched corporate venture arm, Crescent Enterprises Venture Capital.
Image: Arabian Gazette
CE-VC focuses on strategic direct investments in early to later-stage start-ups.
Developed at the University of Texas Medical School’s Microsurgical Robotics Laboratory, both companies design and develop next-generation robotic technologies that are expected to revolutionise healthcare development in their respective fields.