No for an answer

This company refused to take “no” for an answer. Even a worldwide pandemic didn’t stop them.

Against all odds, last week Augmedics, a pioneer in augmented reality surgical image guidance, announced it has raised $15 million in Series B financing. The unprecedented move by its U.S. staff is what makes this story newsworthy.

Augmedics’ employees believed so strongly in the technology and the future of the business that they committed to securing the company and propelling its successful commercial launch. Together with their families, the 20 U.S. employees invested $4 million via AUG Management LLC motivating existing shareholders and other investors to convert the remaining $7.8 million SAFE notes.

“We are a team of problem solvers,” said Tim Murawski, president and CCO, Augmedics. The global pandemic presented just one more hurdle for us to navigate as a team, and we believe it has only made the company stronger.” Without question, people on a mission made this inspiring story possible. Proof that people with a purpose drive the numbers and achieve the goals. Now that’s what we’re talking about!