About Touch Bionics
Touch Bionics is a Healthcare company based in Livingston (United Kingdom) founded in 2005, and was acquired by Össur in April 2016. Upper-limb prosthetics are developed and marketed for patients with deficiencies. It operates in the Healthcare and Technology sectors. Touch Bionics has raised $4.84 million across 3 funding rounds from investors including Scottish Enterprise, Össur and Archangels. The company has 45 employees. Touch Bionics offers products and services including Myoelectric Prosthetic Hands, Partial Hand Solutions, and Passive Silicone Prostheses. Its focus areas include High Tech, Consumer Robotics, Robotic Assistance and Prosthetics. Its legal entity is TOUCH BIONICS LIMITED.
Company details
Touch Bionics develops and markets upper-limb prosthetics for the treatment of patients with upper-limb deficiencies. Its offerings comprise of a series of myoelectric and partial hand solutions, silicone prostheses, which are marketed under the brand of i-Limb and feature five independently-powered fingers allowing the wearer to hold, maneuver and grip objects using individual digits. The company also provides life-like silicone prosthetic coverings that feel and behave in a similar way to human skin, each covering mimics the three dermal layers found in human skin. It was spun out of the NHS in Scotland in 2003. It has won multiple accolades for its products including the MacRobert Award by the UK Royal Academy of Engineering, DaVinci Award by the U.S. National Multiple Sclerosis Society, Best Prosthetic or Orthotic Product Innovation Award by the UK Limbless Association, and inclusion in Time Magazines Top 50 Inventions of 2008.
- Headquarters Livingston, United Kingdom
- Employees 45
- Stage Acquired
- SectorsHealthcareTechnology
- Website touchbionics.com
- Social LinkedIn X Facebook
- Acquired by Össur (Apr 2016)
- Legal Name Touch Bionics Limited
- Date of Incorporation 07 Jun, 2002
- Jurisdiction LIVINGSTON, WEST LOTHIAN, SCOTLAND
- Annual Revenue$13.81 M (USD)-36as on Dec 31, 2020
- Net Profit$841.14 K (USD)-85as on Dec 31, 2020
- Total Equity Funding$4.84M (USD)
in 3 rounds
- Latest Funding Round$3.89M (USD), Series A
Oct 2011
- InvestorsScottish Enterprise
& 2 more
- Employee Count45
- Acquired byÖssur
(Apr 2016)
Products & Services of Touch Bionics
Touch Bionics offers a comprehensive portfolio of products and services, including Myoelectric Prosthetic Hands, Partial Hand Solutions, and Passive Silicone Prostheses.
Electrically controlled hands for enhanced movement in upper limb loss.
Custom prosthetics for partial hand deficiencies to restore function.
Realistic silicone options for natural appearance and comfort.
Funding Insights of Touch Bionics
Touch Bionics has successfully raised a total of $4.84M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3.89 million completed in October 2011. 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.
- Total Funding $4.84M
- Total Rounds 3
- Last Round Series A — $3.89M
- First Round $945,000
(May 2006)
- Investors Count 2
All 3 funding rounds of Touch Bionics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2011 | $3.89M | Series A | – | – | |
| Jan 2010 | $1.29M | Debt – Venture | – | – | |
| May 2006 | $945,000 | Angel Round | – | – |
3 investors in total: 3 institutional.
Investors in Touch Bionics
Touch Bionics has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Scottish Enterprise, Össur and Archangels.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment and expertise are provided to early-stage Scottish companies. | archangelsonline.com | Edinburgh, Scotland | ||
Business development and leadership training programs are offered to companies. | 1991 | scottish-enterprise.com | Glasgow, United Kingdom | |
Orthopedic bracing and support products are developed and sold. | 1971 | ossur.com | Reykjavik, Iceland |
Investor details for Touch Bionics
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Touch Bionics
4 dated milestones of Touch Bionics across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Touch Bionics is founded.
- Funding First funding round of $945K.
- Funding Latest funding round, Series A, of $3.9M.
- Exit Acquired by Össur.
Web traffic of Touch Bionics
The website of Touch Bionics (touchbionics.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▼ 21.8% vs previous month
Websites whose visitors overlap most with Touch Bionics. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| advancedbionics.com | 100% | 65.9K | #533,219 | View details | |
| touchcare.com | 79% | 11.7K | #1,428,637 | View details | |
| ottobockus.com | 78% | #14,876,679 | View details | ||
oandp.com | oandp.com | 77% | #891,191 | – | |
| ottobock.com | 74% | 293.9K | #163,391 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 12 similar websites and full traffic analytics for Touch Bionics
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- 12 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Touch Bionics
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Frequently Asked Questions about Touch Bionics
Touch Bionics was founded in 2005 and raised its 1st funding round 1 year after it was founded.
Touch Bionics is headquartered in Livingston, United Kingdom. It is registered at Livingston, Scotland, United Kingdom.
Touch Bionics is a funded company, having raised a total of $4.84M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $945K, raised on May 2006.
Touch Bionics has 45 employees.
Annual revenue of Touch Bionics is $13.81M as on Dec 31, 2020.
Touch Bionics develops and markets upper-limb prosthetics for the treatment of patients with upper-limb deficiencies. Its offerings comprise of a series of myoelectric and partial hand solutions, silicone prostheses, which are marketed under the brand of i-Limb and feature five independently-powered fingers allowing the wearer to hold, maneuver and grip objects using individual digits. The company also provides life-like silicone prosthetic coverings that feel and behave in a similar way to human skin, each covering mimics the three dermal layers found in human skin. It was spun out of the NHS in Scotland in 2003. It has won multiple accolades for its products including the MacRobert Award by the UK Royal Academy of Engineering, DaVinci Award by the U.S. National Multiple Sclerosis Society, Best Prosthetic or Orthotic Product Innovation Award by the UK Limbless Association, and inclusion in Time Magazines Top 50 Inventions of 2008.
Touch Bionics offers Myoelectric Prosthetic Hands, Partial Hand Solutions, and Passive Silicone Prostheses.
Touch Bionics has 3 investors. Key investors include Scottish Enterprise, Össur, and Archangels.
Touch Bionics operates through Touch Bionics Limited.
Yes. Touch Bionics was acquired by Össur in April 2016.