Symbionic
Symbionic tech is the brainchild of Rishi Krishna, a 27 year old entrepreneur who works with his team to build bionic arms for people with missing limbs.
. HealthTech / MedTech / Healthcare

Basic Information

Symbionic’s idea is to build custom-made bionic arms for people at a very affordable cost with the help of artificial intelligence to help them overcome their sense of loss, be more confident about themselves and feel empowered, Further, Symbionic aims to improve the quality of life for amputees by building high end, cost-effective assistive technology. As its flagship product, it aims to engineer an affordable and user intuitive electromechanical prosthetic arm for trans-humeral (above elbow) amputees, controlled through a sensor network consisting of electromyography and stretch sensors with Artificial Intelligence (AI) based pattern recognition at its core. See more

Legal Name

:

Symbionic Tech Private Limited

Headquarters

:

Chennai, Tamil Nadu, India

Business Model

:

B2C, 

B2B, 

B2B2C, 

B2G 

Founding Date

:

2019

No. of Employees

:

<10

Core Team

:
1.

Rishi Krishna

Co-founder & CEO

2.

Niranjan Kumar

Co-founder & CTO

Timeline
2019
true
Jun | Accelerator / Incubator Program
Got incubated at VIT-TBI, Vellore
Oct | Company Incorporation
Registered as a pvt. ltd. company.
2021
Mar | Raised Funding
Raised Pre-seed from BIRAC

Target Market

B2B

Prosthetic Clinic, Hospitals (Ortho), Non-profits (disability)

Client Segment

:

HealthTech / MedTech / Healthcare

Target Companies

:

Small Enterprise, Medium Enterprise, Large Enterprise, Startup

Target Geography

:

India, India Tier 1, India Tier 2, India Tier 3, Asia Pacific

B2C

People with upper limb amputation

User Age

:

Less than 18, 18 to 25, 26 to 34, 35 to 45, 46 to 60

User Income

:

Lower-middle Income, Upper-middle Income, High Income, Lower Income

Location

:

India, India Tier 1, India Tier 2, India Tier 3, Asia Pacific

Funding

Total Funding

$55.0k

Investors

:

1.

NIDHI PRAYA

2.

DST-Government of India

3.

BIRAC

Detail Round Breakdown

Round 1

$200k

Series Name

:

ANGEL

Date

:

28th Feb 2022
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