Psyonic

A Real-World Bionic Hand

Company Information

Website:

https://www.psyonic.io/

Sector:

Medical Devices & Equipment

Location:

San Diego, CA

Psyonic has created the Ability Hand, a prosthetic device that offers faster and more functional mobility than other prostheses.

Leveraging proprietary bionic technology, this hand replicates touch-sensation for amputees. It uses dynamic fingertip sensors to detect pressure, and uses vibration to communicate sensation. This makes it the first device with multi-touch sensing capabilities — it enables wearers to actually feel what they're touching.

Psyonic was awarded more than two million dollars in grants from the National Science Foundation. Its device is already on the market and it's covered by Medicare, making it accessible at an affordable cost.

Team Background

Aadeel Akhtar - Founder & CEO
Jesse Cornman - Director of Engineering

Co-Investors

Raising
$5 million
Committed
$2.289 million (46%)
Current Valuation
$49.94 million
Min. Investment
$250
Deal Type
Title III
(For all investors)
Offering Type
Equity
Finance History
  • $1.153 million
    2018-10-01
    Unknown
  • $200K
    2021-04-01
    Unknown
Notable Investors
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