About PSYONIC
PSYONIC is a company based in Champaign (United States) founded in 2015. PSYONIC has raised $2.18 million across 6 funding rounds from investors including America’s Seed Fund, Kevin Oleary and Lori Greiner. PSYONIC offers products and services including Ability Hand. PSYONIC operates in a competitive market with competitors including Myomo, Proteor, BionicM, CIONIC and Epica International, among others.
- Headquarter Champaign, United States
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Sectors
HealthcareTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Psyonic, Inc.
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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
$2.18 M (USD)
in 6 rounds
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Latest Funding Round
$1 M (USD), Angel Round
Feb 26, 2024
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Investors
America’s Seed Fund
& 3 more
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Employee Count
Not available
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Products & Services of PSYONIC
PSYONIC offers a comprehensive portfolio of products and services, including Ability Hand.
Touch-sensing hand providing feedback for human use
People of PSYONIC
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Funding Insights of PSYONIC
PSYONIC has successfully raised a total of $2.18M across 6 strategic funding rounds. The most recent funding activity was a Angel Round of $1 million completed in February 2024. 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 PSYONIC
PSYONIC has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include America’s Seed Fund, Kevin Oleary and Lori Greiner.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund backed by the US Government
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KO
Kevin Oleary |
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LG
Lori Greiner |
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Investor details for PSYONIC
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Investments & Acquisitions by PSYONIC
Investment portfolio details for PSYONIC
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Financial Statements - PSYONIC
Detailed financials for PSYONIC
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Psyonic Comparisons
Peer comparison for PSYONIC
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Competitors of PSYONIC
PSYONIC 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 Myomo, Proteor, BionicM, CIONIC and Epica International, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Robotic arms are provided for mobility and rehabilitation support.
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Prostheses and orthoses devices are developed for orthopedic supports.
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Prosthetic legs assisting knee and ankle movements are developed.
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| Locked | Locked | Locked |
Bionic clothing is provided for mobility impairment support.
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| Locked | Locked | Locked |
Provider of robotic CT platforms for healthcare and industrial applications
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| Locked | Locked | Locked |
AI-powered exoskeletons and gait tools are developed for mobility recovery.
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Detailed competitors of PSYONIC
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Latest news on Psyonic
Complete news archive for PSYONIC
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Frequently Asked Questions about PSYONIC
PSYONIC was founded in 2015 and raised its 1st funding round 3 years after it was founded.
PSYONIC is headquartered in Champaign, United States. It is registered at Champaign, Illinois, United States.
PSYONIC is a funded company, having raised a total of $2.18M across 6 funding rounds to date.
PSYONIC was founded in 2015 in Champaign, United States, where bionic limbs are developed for people with amputations. Operations focus on the prosthetics sector, with the Ability Hand offered as a key product. This bionic hand incorporates a multi-articulated prosthesis and multi-touch feedback to support user functionality. Activities are centered on advancing accessible prosthetic solutions in the medical technology field.
PSYONIC's top competitors include Myomo, BionicM and Epica International.
PSYONIC offers Ability Hand.
PSYONIC has 4 investors. Key investors include America’s Seed Fund, Kevin Oleary, Lori Greiner, and Daymond John.