Latest Magnendo news, funding rounds and robotics & AI coverage. $18M raised. 1 article tracked by The Robotics Media.
Magnendo is a Newton, Massachusetts-based medical robotics company spun out of MIT that develops a magnetic robotic navigation platform for neuro-endovascular procedures. Its system pairs magnetically steerable guidewires with robotic control, advanced imaging and intelligent software to help physicians reach ischemic stroke lesions faster and more consistently.
Founded and led by CEO Yoonho Kim, the company reported encouraging preclinical results showing potential to substantially reduce navigation times across operators and anatomies. In July 2026 Magnendo closed an $18 million Series A financing led by Penumbra to fund productization of its platform and prepare for first-in-human clinical studies.