Touch Bionics Raises £2.5M in Funding

Published On October 8, 2011 |

Touch Bionics, a Livingston, UK- and Hilliard, OH, USA-based prosthetic technology company, has raised £2.5m in new funding.

Fifty-fifty backers include angel funding group Archangels and the Scottish Venture Fund.

The company intends to use the new funding to increase its sales infrastructure and continue to develop of new and existing products.

Led by newly appointed CEO Ian Stevens, Touch Bionics provides prosthetic technologies and supporting services designed to achieve positive outcomes for people with upper limb deficiencies.
Last month, the company unveiled the i-limb ultra, an upgraded version of its prosthetic hand, and virtu-limb, a prosthetic training and simulation tool, as well as its new living image system, which captures the colour and appearance of limbs for silicone prostheses.

FinSMEs

08/10/2011

Like this Article? Share it!

Leave a Reply