Funding Details
- Awarder
- StartEngine
- Date Award
- January 01, 2024
- Vertical
- Prosthetics and Robotics
- Funding URL
- View Funding Page
- Valuation
-
$65,070,000
Company Info
- Founding Year
- 2021
- Traction
- PSYONIC has experienced significant growth, with sales revenue excluding federal grants increasing by 6x from 2021 to 2023. The company has established partnerships with industry leaders like Apptronik and Meta, indicating strong market acceptance of the Ability Hand™.
- Revenue Amount
-
$1,655,166
- Organizations Involved
- Apptronik, Meta, StartEngine Capital, LLC
- Founders
- Aadeel Akhtar
- Company Description
- PSYONIC is a company specializing in bionic prosthetic technology, particularly the Ability Hand™, which offers users faster and more functional mobility at a lower cost. The company focuses on providing innovative solutions for individuals with limb differences, aiming to redefine human capabilities through advanced bionic technology.
- Market
- Healthcare & Technology
- Location
-
San Diego,
CA,
US
- Coinvestors
- StartEngine Capital, LLC
Links