Lift Labs Raises $1M in Seed Funding

Lift Labs, a San Francisco, CA-based developer of a suite of home health hardware to improve quality of life for people living with Parkinson’s and Essential Tremor, raised $1m in seed funding.

Backers included Rock Health and Silicon Valley-based angel investors. The company also received an $800K grant from the National Institutes of Health to develop its initial product, Liftware, an anti-tremor spoon to assist with eating.

Led by CEO Anupam Pathak, Ph.D, Lift Labs built the device using the same technology used in the iPhone to detect and, in this case, to correct tremor.
It has two parts: a removable handle which contains the electronic components, and the spoon itself, which is stabilized during use.
The company has begun taking orders for Liftware devices, and has also announced a partnership with the International Essential Tremor Foundation (IETF).

FinSMEs

19/09/2013

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