28/09/2022

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

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

Advancements in the industry of robotics have however to tangibly lower the clinical and fiscal burdens associated with limb harm irrespective of extraordinary improvements in prosthetic and exoskeleton abilities. A 2020 Veterans Affairs examine identified no distinction in person satisfaction involving robotic, regular, and cosmetic upper limb prosthetics, though a 2019 national study of veterans with amputation shown that only 60% of upper limb amputees use a prosthesis at all. A 2020 CDC report located that in any specified yr, 25% of persons over the age of 65 report at the very least one main tumble, with non-fatal falls costing the US wellness method $50 billion yearly. At the exact same time, sophisticated exoskeletons exist that could theoretically lower the possibility of these falls and strengthen strolling function. Phantom Neuro seeks to bridge the gap in between these systems and the regular intended person who has yet to see a major enhancement in high quality of lifestyle.

“When LionBird was 1st launched to the Phantom Neuro team, they had been tough at get the job done on their technology for more than two years,” mentioned Robert Lord, spouse at LionBird. “What begun as an invention out of Johns Hopkins to bridge the gap amongst available know-how and limb injuries patients’ anticipated outcomes has turned into a promising neurotechnology startup as traders, we are eager for this prospect to guidance an all-star workforce and assist reset healthcare’s partnership with technologies by scaling Phantom Neuro’s advanced platform to eventually serve deserving individual populations.”

After finishing his clinical diploma at the University of Oklahoma Faculty of Drugs, Dr. Connor Glass took up a exploration fellowship at The Johns Hopkins University University of Medicine’s Section of Plastic and Reconstructive Surgery, where by he sought out to review highly developed microsurgery treatment options for perform reduction and neuropathic suffering, with the objective to pursue a occupation in plastic surgical procedures. It was then that the wide hole in between the technological enhancements that experienced piqued his fascination in the field grew to become evident from the truth of envisioned outcomes in the standard populace.

About Phantom Neuro
Phantom is developing a method that will enable lifelike command of robotic orthopedic technologies, such as prosthetic limbs and exoskeletons. Phantom’s remedy is composed of reduced-danger implantable sensors, Ai, and enabling program. This remedy will not only give excellent regulate of current and future-era orthopedic technologies but also mature into a system for lifelike management of nearly any wireless compatible machine. You can locate out a lot more at www.phantomneuro.com

About LionBird
LionBird is a undertaking money company investing in pre-scale electronic health and fitness organizations with operations in Tel Aviv and the U.S. Founded in 2012 by veteran entrepreneurs and Fortune 100 executives in the software package and health care industries, LionBird offers pre-scale money and aid to mission-driven groups realigning the human-technological innovation relationship in healthcare. Given that its inception, the agency has invested in more than 30 founding teams across the U.S. and Israel. The company is at present investing out of its 3rd fund, LionBird III, exclusively targeted on early-stage electronic wellness.

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

Source Phantom Neuro Inc.