Bioliberty, an Edinburgh, Scotland, UK-based medtech company providing a soft robotic glove, raised £435K Grant from Biomedical Catalyst, Innovate UK’s flagship grant funding mechanism.
The company intends to use the grant to accelerate its product to market.
Bioliberty provides a robotic glove that works by assisting a patient to open and close their hand, an action which can be severely limited following a stroke. Developed in collaboration with physiotherapists, occupational therapists, and clinicians, the glove has built-in sensors that allows it to vary levels of resistance to tailor rehabilitation exercises to the user.
The company has already raised more than £3.5M in private and public funding and created 8 new roles within the company over the last six months. Bioliberty is a tenant at the National Robotarium, a facility which works collaboratively with partners around the globe to define, develop and resolve industry challenges through the application of robotics and AI.
FinSMEs
04/12/2023