Psyonic

company

About

Psyonic is a dvanced bionic limbs that are accessible to all people with amputations.

  • 1 - 10

Details

Last Funding Type
Grant
Last Funding Money Raised
$1M
Industries
Health Care,Medical Device,Robotics
Founded date
Jan 1, 2015
Number Of Employee
1 - 10
Operating Status
Active

Psyonic makes advanced bionic limbs that are accessible to all people with amputations. Its first product is an advanced bionic hand. It is the fastest on the market, easy to control, provides touch feedback, and is robust to impacts. It is also affordable, and they aim to have it completely covered by insurance companies with no out-of-pocket costs to users.

It was founded in 2015 and is headquartered in Champaign, Illinois.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$2.38M
Psyonic has raised a total of $2.38M in funding over 2 rounds. Their latest funding was raised on Jan 11, 2022 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 11, 2022 Grant $1M 1 National Science Foundation Detail
Apr 7, 2020 Grant $0.93M 1 National Science Foundation Detail
Feb 8, 2019 Grant $225K 1 National Science Foundation Detail
Dec 18, 2017 Grant $225K 1 National Science Foundation Detail

Investors

Number of Lead Investors
Number of Investors
4
1
Psyonic is funded by 1 investors. National Science Foundation are the most recent investors.
Investor Name Lead Investor Funding Round
National Science Foundation Yes Grant