Atom Limbs

Atom Limbs

Early Stage

The world’s first mind-controlled bionic arm

The world’s first mind-controlled bionic arm

Overview

Raised to Date: Raised: $1,070,000

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/22/2020

Close Date

02/03/2021

Min. Goal
$250,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$10,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

02/27/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$10,388

# of Investors

1,683

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2019

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

San Francisco, California

Business Type

Growth

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.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-137,202

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$78,122

$0

Accounts Receivable

$0

$0

Total Assets

$79,937

$0

Short-Term Debt

$217,049

$0

Long-Term Debt

$0

$0

Total Liabilities

$217,049

$0

Financials as of: 10/22/2020
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Atom Limbs 04/10/2024 Wefunder $65,000,000 $1,727,839 SAFE Funded RegCF
Atom Limbs 04/27/2022 Wefunder $40,000,000 $5,000,000 SAFE Funded RegCF
Atom Limbs 02/02/2021 Wefunder $10,000,000 $1,070,000 SAFE Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Atom Limbs on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $10,000,000

Follow company

Follow Atom Limbs on Wefunder

Buy Atom Limbs's Deal Report

Warning: according to the close date for this deal, Atom Limbs may no longer be accepting investments.

Atom Limbs Deal Report

Get KingsCrowd’s comprehensive report on Atom Limbs including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Atom Limbs is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Atom Limbs deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge