--- title: ROBOTIC HAIR TRANSPLANT DEV RESTORATION ROBOTICS RAISES $25 MILLION IN IPO description: ROBOTIC HAIR TRANSPLANT DEV RESTORATION ROBOTICS RAISES $25 MILLION IN IPO image: https://insights.roboglobaletfs.com/hubfs/restoration-robotics-logo.jpeg --- - [![](https://px.ads.linkedin.com/collect/?pid=2261676&conversionId=4842593&fmt=gif)Newsletter Signup](https://insights.roboglobaletfs.com/robotic-hair-transplant-dev-restoration-robotics-raises-25-million-in-ipo#newsletter-form) ### Newsletter Form ROBO Global uses this information to keep you up to date on the latest investment insights and technology trends. You may unsubscribe from these communications at any time. For more information, check out our [Privacy Policy](https://insights.roboglobaletfs.com/privacy). If you cannot see the form above, you may have an ad blocker preventing it from loading. 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[![VettaFi_ROBO_WHITE-1](https://insights.roboglobaletfs.com/hs-fs/hubfs/VettaFi_ROBO_WHITE-1.png?width=4320&height=1440&name=VettaFi_ROBO_WHITE-1.png "VettaFi_ROBO_WHITE-1")](https://www.roboglobal.com/) - [RESEARCH & INSIGHTS](http://www.roboglobal.com/research-insights) - [MEET THE EXPERTS](http://www.roboglobal.com/about-us) - ROBO Global Indexes - [ROBO Index](https://www.roboglobal.com/robo-global-indices/robo-index/) - [THNQ Index](https://www.roboglobal.com/robo-global-indices/thnq-index/) - [HTEC Index](https://www.roboglobal.com/robo-global-indices/htec-index/) - [How to Invest](https://www.roboglobal.com/robo-etfs) - [ESG](http://www.roboglobal.com/esg-policy) # Investment Insights Authored by: ROBO Global Research Team Date: October 12, 2017 Category: [HTEC](https://insights.roboglobaletfs.com/tag/htec) Share this: - - - - [mailto:?subject=ROBOTIC%20HAIR%20TRANSPLANT%20DEV%20RESTORATION%20ROBOTICS%20RAISES%20$25%20MILLION%20IN%20IPO&body=ROBOTIC%20HAIR%20TRANSPLANT%20DEV%20RESTORATION%20ROBOTICS%20RAISES%20$25%20MILLION%20IN%20IPO%20https://insights.roboglobaletfs.com/robotic-hair-transplant-dev-restoration-robotics-raises-25-million-in-ipo](mailto:?subject=ROBOTIC%20HAIR%20TRANSPLANT%20DEV%20RESTORATION%20ROBOTICS%20RAISES%20$25%20MILLION%20IN%20IPO&body=ROBOTIC%20HAIR%20TRANSPLANT%20DEV%20RESTORATION%20ROBOTICS%20RAISES%20$25%20MILLION%20IN%20IPO%20https://insights.roboglobaletfs.com/robotic-hair-transplant-dev-restoration-robotics-raises-25-million-in-ipo) ##### Related Posts - [![Turnkey Tech Investing: August 2023 Market Brief](https://insights.roboglobaletfs.com/hubfs/ROBOBrief_Blog%20+%20Turnkey%20Tech-Sep-20-2023-04-28-59-7091-PM.png) Turnkey Tech Investing: August 2023 Market Brief](https://insights.roboglobaletfs.com/turnkey-tech-investing-august-2023) - [![Q2 In Review: Inside the ROBO, THNQ & HTEC Indexes](https://insights.roboglobaletfs.com/hubfs/Q1%202021-1.png) Q2 In Review: Inside the ROBO, THNQ & HTEC Indexes](https://insights.roboglobaletfs.com/q2-in-review-inside-the-robo-thnq-htec-indexes) - [![Automation Isn't Just For the Fortune 500](https://insights.roboglobaletfs.com/hubfs/SMEs%20Automation%20Webinar%20Deck%20(Tifin)%20(1).png) Automation Isn't Just For the Fortune 500](https://insights.roboglobaletfs.com/automation-isnt-just-for-the-fortune-500) - [![Q1 2023 In Review: ROBO, HTEC & THNQ](https://insights.roboglobaletfs.com/hubfs/Q1%202021.png) Q1 2023 In Review: ROBO, HTEC & THNQ](https://insights.roboglobaletfs.com/q1-2023-in-review-robo-htec-thnq) ## ROBOTIC HAIR TRANSPLANT DEV RESTORATION ROBOTICS RAISES $25 MILLION IN IPO ![ROBOTIC HAIR TRANSPLANT DEV RESTORATION ROBOTICS RAISES $25 MILLION IN IPO](https://insights.roboglobaletfs.com/hubfs/restoration-robotics-logo.jpeg) Robotic hair restoration company Restoration Robotics raised $25 million in an initial public offering and saw its shares rise nearly 40% after its debut, according to a Silicone Valley Business Journal report. The 91-person company, co-founded by surgical robotics pioneer Fred Moll, sold 3.6 million shares at $7 each, then proceeded to open at $8.55 per share today, up 22% from its IPO price, according to the report. So far today, the company has seen shares rise 38%, at $9.66 as of 2:06 p.m. EDT. The company produces the Artas robotic system, an image-guided, physician-assisted system designed to harvest follicular units for hair transplantation procedures. The system received FDA 510(k) approval in 2011 after providing results from clinical studies that showed the system to be safe and effective. The system also has regulatory clearance in Canada and CE Mark approval in the European Union. Restoration Robotics IPO gave it a market valuation of approximately $224 million, which is about 25% higher than the valuation it received in August when it raised $24 million, the Business Journal [reports](https://www.bizjournals.com/sanjose/news/2017/10/12/restoration-robotics-ipo-hair.html). *Contributed by Fink Densford from [The Robot Report](https://www.therobotreport.com/robotic-hair-transplant-dev-restoration-robotics-raises-25m-ipo/)* [Back to All Entries](https://insights.roboglobaletfs.com) VettaFi, a data, analytics, and thought leadership company, is transforming financial services from an industry to a community—one relationship at a time. In addition to providing interactive online tools and research, VettaFi offers asset managers an array of indexing and digital distribution solutions to innovate and scale their businesses. 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