Atom Limbs (2021)
About this raise
Atom Limbs, with a valuation cap of $10 million, is raising crowdfunding on Wefunder. The company is creating the world’s first mind-controlled bionic arm. The arm has full finger dexterity, 200 sensors, and curls 45lbs. It is powered by artificial intelligence and will be sold to amputees and robotic organizations dealing with agriculture, factory assembly, and hazardous environments. Tyler Hayes founded Atom Limbs in April 2019 and has raised over $350,000 since its inception. The proceeds of the current crowdfunding round, with a minimum goal of $250,000 and a maximum goal of $1,070,000, will be used for tech infrastructure, equipment, hiring, travel and conferences, and legal and operating costs. Atom Limbs received a $120 million grant from the Department of Defense and DARPA, which was used for research and development in the past 15 years.
Investment Overview
Invested : $1,070,000
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 10/23/2020
- Close Date
- 02/03/2021
$250,000
$1,070,000
$100
SAFE
Early Stage
RegCF
$10,000,000
0%
Company & Team
Company
- Year Founded
- 2019
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
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