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Firm Wire items are announcements made by the firms themselves. The desk confirms that the announcement was published and reproduces its factual content. It does not verify the claims in it, and publication is not an endorsement.

AnnouncementAnnounced by Sidley Austin · · summarized by LexCircuit Desk

Sidley says it advised ZAP Surgical on $36 million in financing

Sidley said it represented ZAP Surgical Systems in connection with $36 million in financing for its robotic brain-surgery technology business. The firm said the proceeds will support continued growth and commercialization of technology for noninvasive robotic therapeutics in neuroscience, with financing from healthcare-focused investors.

Key points

  • Sidley said Catalio Capital Management led the financing.Sidley Austin
  • The firm said Baheal, ZAP’s strategic partner in China, provided continued support.Sidley Austin
  • Sidley identified Michael Podolny and Elizabeth Tabas Carson as the team leaders.Sidley Austin
  • The firm said Reid McKinney and Thomas Power also advised on the transaction.Sidley Austin
Sidley · Sidley Austin LLP

The announcement

Firm