ArmBionics
PrivateLast Round
Grant
Jul 13, 2021
Total Funding Raised
$10,000
Company Overview
ArmBionics is an Armenian startup that develops and manufactures affordable, high-quality, and customizable upper-limb prosthetic devices. The company's product line includes a mechanical arm that responds to elbow and wrist movements, a partial hand for individuals with finger loss, and a myoelectric arm that translates muscle signals into movement using EMG sensors. ArmBionics aims to provide complete rehabilitation solutions by combining biomedical knowledge, engineering, and computer science, including the use of machine learning algorithms for more intuitive control. In addition to hardware, the company offers a social and data connectivity platform that allows users to track their progress, receive feedback, and connect with a supportive community. The company started as a student project in 2017 and has since grown, driven by the need for locally produced prosthetics in Armenia.
Sector
Healthcare & Life Sciences
Verticals
Medical Devices, 3D Printing
Business Model
B2B
Customer Profile
Hardware Sales, Government Contracts, Hardware + Subscription
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
ArmBionics Comps
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ArmBionics Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Grant | Jul 13, 2021 |
ArmBionics Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Orion Worldwide Innovations Armenia | Grant |
| BAJ Accelerator | Grant |
| Digitain | Grant |
ArmBionics Filings
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| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
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