Martin Frost Biography
Martin Frost, CEO and Co-Founder CMR Surgical
We are delighted to welcome Martin Frost as our guest speaker at the Cambridge CFO Club on the 27th November.
Martin is an experienced commercial business leader, with over 20 years’ experience in starting, growing and leading technology and medical device companies in the Cambridge area. He is passionate about starting and developing mission-led new for-profit businesses that make a difference in people's lives.
Martin is CEO and co-founder of CMR Surgical. Formed in 2014, the co-founders of CMR Surgical brought with them global experience across the diverse disciplines of surgery, medical device development, start-ups and commercialisation. The business develops, manufactures and sells, Versius, a breakthrough new robotic platform solution for surgical laparoscopic procedures to extend the benefits of minimal access surgery to millions of people worldwide. The vision was, and remains, to realise a genuine robotic revolution in surgery, delivering a world-class product that meets the needs of patients, surgeons and healthcare providers.
In August CMR announced the completion of the largest ever financing of a private European devices start-up, raising £200m and confirming CMR as Cambridge’s latest “unicorn” business. CMR is now 400 people and has recently moved into its new 50,000 sq ft HQ in Milton.
Martin is a Director and Trustee of Peek Vision, who provide quality of vision services free of charge for use by anyone conducting vision tests, anywhere.
Martin was formerly CEO and CFO of Sagentia (now The Science Group), the leading technology development company based in Cambridge, Stockholm, Frankfurt and Hong Kong, listed on the London Stock Exchange.
He has been awarded CEO of the Year: 2018 Cambridge Independent and Entrepreneur of the Year 2019: EY award South-East and London region - Disruptor category and was voted Executive of the Year (2019) by MedTech Insight.
Martin has been personally and corporately involved in founding and financing several technology businesses including:
• Absolute Sensors (sold for $3.1m to Synaptics Inc, NASDAQ listed),
• Intrasonics (interactive media),
• Chord Capital (London and Cambridge based venture fund manager),
• Sphere Medical (medical devices, listed on London AIM),
• Omnisense (cluster positioning and location),
• Sensopad (sensors business sold to TT electronics for an initial cash payment of £1.4m),
• SGAI (Hong Kong based JV with Chinese manufacturer),
• RedCloud Technology (mobile financial services in emerging markets).
Martin qualified as a Chartered Management Accountant and graduated from Cambridge University.