Psyonic’s Ability Hand is the world’s first bionic hand with touch-sensing capabilities. Sensors embedded in the fingertips detect pressure and send vibrations to the arm, providing users with a sense of touch.
The Ability Hand is water-resistant, lightweight, multi-articulated, durable, and even Bluetooth compatible. The cost of this advanced prosthetic device ranges from $10,000 to $20,000.
Company Name | Psyonic | |
Founder | Aadeel Akhtar | |
Founded | 2015 | |
Product | Bionic Artificial Limb | |
Asked For | $1M for 2% equity | |
Final Deal | $1M for 6% equity | |
Shark | ||
Episode (Shark Tank USA) | S15 E15 | |
Air Date | Feb 23, 2024 | |
Business Status | In Business | |
Website | Visit Website | |
Headquarters | San Diego, California, USA | |
Lifetime Worth (Sales) | $1M *estimated | |
Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of Psyonic?
Aadeel Akhtar is the founder and CEO of Psyonic, a company specializing in advanced prosthetics. He holds a PhD in Neuroscience from the University of Illinois Urbana-Champaign, where his studies contributed to the development of innovative products like the Ability Hand, the world’s first touch-sensing bionic hand.
Psyonic Shark Tank Update
After entering Shark Tank, Aadeel Akhtar presented the feature plan for Psyonic and disclosed the amount of investment he has raised so far. He emphasized that the business requires substantial funding for development and marketing to continue its growth and innovation in the prosthetics market.
What Is Psyonic’s Net Worth?
Psyonic is estimated to have a net worth of $10 million. The incidence of traumatic amputation is on the rise globally, with approximately 552.45 million cases reported in 2019. In the United States alone, there are currently around 2.1 million people living with limb loss, a number expected to double by 2050.
Annual Revenue by Years
Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.
Years | Annual Revenue |
2024 | *estimated |
Funding Reports to Date!
Years | Funding Amount | Investor |
N/A | N/A | N/A |
As of February 2024, Psyonic has raised over $3.1 million through investments from thousands of individual investors, according to an official Instagram post from Psyonicinc.
The company’s headquarters is located in San Diego, California, where it employs between 11 and 50 people.
Yes, Psyonic is still in business as of February 2024.
frequently asked questions
Who is the Founder of Psyonic?
Psyonic was founded by Aadeel Akhtar.
Did Psyonic get a deal on Shark Tank?
Yes, Psyonic get a deal on Shark Tank