About Open Bionics
Open Bionics is a company based in Bristol (United Kingdom) founded in 2014. Open Bionics has raised $6.98 million across 3 funding rounds from investors including NHS Choices, Downing and Ananda Impact Ventures. Open Bionics offers products and services including Hero ARM, Hero RGD, Hero PRO, Hero FLEX, and Sidekick App. Open Bionics operates in a competitive market with competitors including Biomet, Treace Medical Concepts, Össur, Bioretec and IlluminOss Medical, among others.
- Headquarter Bristol, United Kingdom
- Stage Minicorn
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Sectors
HealthcareTechnology
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Phone
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Website
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Social
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- Legal Name Open Bionics Ltd
- Date of Incorporation 17 Apr, 2014
- Jurisdiction BRISTOL, ENGLAND
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$6.98 M (USD)
in 3 rounds
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Latest Funding Round
$6.4 M (USD), Series A
Jan 11, 2019
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Investors
NHS Choices
& 13 more
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Employee Count
Not available
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Products & Services of Open Bionics
Open Bionics offers a comprehensive portfolio of products and services, including Hero ARM, Hero RGD, Hero PRO, Hero FLEX, and Sidekick App.
Bionic arm for below-elbow amputees with customizable features.
Waterproof bionic hand for everyday use.
Lightweight and powerful prosthetic arm option.
Customizable arm for various activities and users.
App for controlling and managing bionic prosthetics.
Wireless EMG electrodes for enhanced prosthetic control.
Comfort-focused attachment for bionic arms.
People of Open Bionics
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Funding Insights of Open Bionics
Open Bionics has successfully raised a total of $6.98M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6.4 million completed in January 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Open Bionics
Open Bionics has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include NHS Choices, Downing and Ananda Impact Ventures.
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Ananda Impact Ventures is focused on impact-driven investments.
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A multi-family office managing associate companies and technology investments.
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Investor details for Open Bionics
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Investments & Acquisitions by Open Bionics
Investment portfolio details for Open Bionics
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Financial Statements - Open Bionics
Detailed financials for Open Bionics
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Open Bionics Comparisons
Peer comparison for Open Bionics
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Competitors of Open Bionics
Open Bionics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Biomet, Treace Medical Concepts, Össur, Bioretec and IlluminOss Medical, among others.
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Orthopedic surgical and non-surgical products are designed and distributed.
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Orthopedic foot and ankle correction systems are developed and offered.
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Orthopedic bracing and support products are developed and sold.
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Provider of bioabsorbable, bioactive and drug-releasing surgical implants
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Minimally invasive orthopedic systems for bone fracture stabilization are developed.
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Thumb implant for thumb base arthritis
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Detailed competitors of Open Bionics
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Latest news on Open Bionics
Complete news archive for Open Bionics
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Frequently Asked Questions about Open Bionics
Open Bionics was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Open Bionics is headquartered in Bristol, United Kingdom. It is registered at Bristol, England, United Kingdom.
Open Bionics is a funded company, having raised a total of $6.98M across 3 funding rounds to date.
Open Bionics designed a low-cost robotic prosthetic hand using 3D printing. This robotic hand senses muscle contractions and expansions an understands the variations in muscle movements and performs the task much similar to a normal hand. This is light-weight and low-cost robotic hand got a crowdfunding of 67.5k through Indiegogo campaign. The company has won Inclusive Technology Prize, prosthetic innovation award by Limbless Association Prosthetic and Orthotics Awards, and was listed in the top 50 robotics company in international RBR50 list.
Open Bionics's top competitors include Treace Medical Concepts, Loci Orthopaedics and Bioretec.
Open Bionics offers Hero ARM, Hero RGD, Hero PRO, Hero FLEX, and 3 more products and services.
Open Bionics has 14 investors. Key investors include NHS Choices, Downing, Ananda Impact Ventures, Foresight Williams Technology (FWT), and Cascade Global.
The valuation of Open Bionics is $16.94M as of Jan 2019.