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High Tech Series A Founded 2014

Open Bionics

Open Bionics is a medical device company that designs and manufactures advanced bionic arms for children and adults with upper limb differences. The company uses 3D printing technology to create lightweight, affordable prosthetic arms that sense muscle contractions and translate them into hand movements, functioning similarly to a biological hand. Open Bionics offers multiple product lines including the Hero ARM for…

📍 Bristol, United Kingdom · 3D Printing,

Funding snapshot

Last roundSeries A
Amount$6M
Date11 January 2019
Total raised$7M
Valuation16,940,283 (Jan 7, 2019)
Team size58

About

Open Bionics is a medical device company that designs and manufactures advanced bionic arms for children and adults with upper limb differences. The company uses 3D printing technology to create lightweight, affordable prosthetic arms that sense muscle contractions and translate them into hand movements, functioning similarly to a biological hand. Open Bionics offers multiple product lines including the Hero ARM for children, Hero PRO as the lightest available bionic arm, Hero RGD as the only waterproof bionic arm, and Hero FLEX with a swappable socket system. The company also provides MyoPods wireless EMG electrodes, a Sidekick companion app, and activity attachments for sports and hobbies. Open Bionics operates a U.S. clinic network of specialist upper-limb prosthetists and is FDA Registered, PDAC Approved, and ABC Accredited. Founded in 2014 and headquartered in Bristol, United Kingdom, the company has raised approximately $7 million in Series A funding from investors including Downing, Cascade Global, Ananda Impact Ventures, and NHS Choices.

Business model

3D Printing > Applications > Healthcare > Prosthetics Braces Casts and Splints,

Consumer Robotics > Healthcare > Robotic Assistance > Prosthetics,

Assistive Tech > Assistive Hardware > Mobility > Prostheses,

Orthopedics > Medical Devices > Therapies > Trauma and Extremities

Institutional investors

Downing Cascade Global Half Court Ventures Ananda Impact Ventures Foresight Williams TLT NHS Choices Techstars Evergreen BioScience Managers Rewired Disney Accelerator Accel-Invest SCVC Stephen Critchlow

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