Orthopedic robotics company seeks $40M investment

Robotics

McGinley Orthopedics is crowdfunding $40 million in investments.

The money is being raised through a Regulation A+ equity crowdfunding investment offering, the devicemaker said in a Sept. 20 news release. The funds are expected to help the company accelerate the growth of its IntelliSense Drill Technology. The money will also help the company's development of its intellectual property portfolio.

"We are leveling the playing field through our Regulation A+ investment opportunity," CEO Joseph McGinley, MD, PhD, said in the release. "It gives everyday investors access to growing private companies like McGinley Orthopedics and removes Wall Street influence."

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