Neurotechnology Startup Phantom Neuro Secures $3.26M Seed Round from LionBird Ventures, Draper Associates & Breakout Ventures to Advance Machine Control

Developments within the business of robotics have nevertheless to tangibly decrease the scientific and monetary burdens related to limb hurt no matter extraordinary enhancements in prosthetic and exoskeleton skills. A 2020 Veterans Affairs study recognized no distinction in individual satisfaction involving robotic, common, and beauty higher limb prosthetics, although a 2019 nationwide examine of veterans with amputation proven that solely 60% of higher limb amputees use a prosthesis in any respect. A 2020 CDC report positioned that in any specified yr, 25% of individuals over the age of 65 report on the very least one important tumble, with non-fatal falls costing the US wellness methodology $50 billion yearly. At the very same time, refined exoskeletons exist that would theoretically decrease the potential for these falls and strengthen strolling operate. Phantom Neuro seeks to bridge the hole in between these techniques and the common supposed one who has but to see a serious enhancement in prime quality of way of life.

“When LionBird was 1st launched to the Phantom Neuro crew, that they had been powerful at get the job executed on their expertise for greater than two years,” talked about Robert Lord, partner at LionBird. “What begun as an invention out of Johns Hopkins to bridge the hole amongst out there know-how and limb accidents sufferers’ anticipated outcomes has was a promising neurotechnology startup as merchants, we’re looking forward to this prospect to steering an all-star workforce and help reset healthcare’s partnership with applied sciences by scaling Phantom Neuro’s superior platform to finally serve deserving particular person populations.”

After ending his scientific diploma on the College of Oklahoma College of Medicine, Dr. Connor Glass took up a exploration fellowship at The Johns Hopkins College College of Drugs’s Part of Plastic and Reconstructive Surgical procedure, the place by he sought out to assessment extremely developed microsurgery remedy choices for carry out discount and neuropathic struggling, with the target to pursue a occupation in plastic surgical procedures. It was then that the broad gap in between the technological enhancements that skilled piqued his fascination within the discipline grew to develop into evident from the reality of envisioned outcomes in the usual populace.

About Phantom Neuro
Phantom is creating a technique that may allow lifelike command of robotic orthopedic applied sciences, similar to prosthetic limbs and exoskeletons. Phantom’s treatment consists of reduced-danger implantable sensors, Ai, and enabling program. This treatment won’t solely give glorious regulate of present and future-era orthopedic applied sciences but in addition mature right into a system for lifelike administration of practically any wi-fi suitable machine. You’ll be able to find out much more at www.phantomneuro.com

About LionBird
LionBird is a enterprise cash firm investing in pre-scale digital well being and health organizations with operations in Tel Aviv and the U.S. Based in 2012 by veteran entrepreneurs and Fortune 100 executives within the software program package deal and well being care industries, LionBird affords pre-scale cash and assist to mission-driven teams realigning the human-technological innovation relationship in healthcare. On condition that its inception, the company has invested in additional than 30 founding groups throughout the U.S. and Israel. The corporate is at current investing out of its third fund, LionBird III, solely focused on early-stage digital wellness.

Make contact with
Connor Glass, MD | Founder & CEO
[email protected] 

Supply Phantom Neuro Inc.

Neurotechnology Startup Phantom Neuro Secures .26M Seed Round from LionBird Ventures, Draper Associates & Breakout Ventures to Advance Machine Control