When was Open Bionics founded?

Open Bionics was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Where is Open Bionics located?

Open Bionics is headquartered in Bristol, United Kingdom.

Which legal entities is Open Bionics associated with?

Open Bionics is associated with Open Bionics Ltd.

How many employees does Open Bionics have?

As of Jul 31, 2026, the latest employee count at Open Bionics is 60.

Is Open Bionics a funded company?

Open Bionics is a funded company, having raised a total of $6.98M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 06, 2016.

How much is Open Bionics worth?

The latest valuation of Open Bionics is $***** as of Jan 07, 2019.

When was the latest funding round of Open Bionics?

Open Bionics' latest funding was a $***** Series A round on Jan 11, 2019, with participation from 3 investors.

Where does Open Bionics rank among its competitors?

Open Bionics ranks 26th amongst 442 active competitors, of which 84 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Instalimb, which secured an undisclosed amount in May, 2026.

Who are the top competitors of Open Bionics?

Open Bionics' top competitors include Treace Medical Concepts, Proteor and Restor3D. Among them, Instalimb secured the most recent funding round in May, 2026.

Open Bionics - 2026 Company Profile, Team, Funding, Competitors & Financials

Open Bionics is a series A company based in Bristol (United Kingdom), founded in 2014 by Joel Gibbard. It operates as a Manufactures robotic prosthetic hand. Open Bionics has raised $6.98M in funding from investors like NHS Choices, Downing and TLT, with a current valuation of $*****. The company has 442 active competitors, including 84 funded and 43 that have exited. Its top competitors include companies like Treace Medical Concepts, Proteor and Restor3D.

Company Details

Open Bionics designed a low-cost robotic prosthetic hand using 3D printing. This robotic hand senses muscle contractions and expansions an understands the variations in muscle movements and performs the task much similar to a normal hand. This is light-weight and low-cost robotic hand got a crowdfunding of $67.5k through Indiegogo campaign. The company has won Inclusive Technology Prize, prosthetic innovation award by Limbless Association Prosthetic and Orthotics Awards, and was listed in the top 50 robotics company in international RBR50 list.

Website: openbionics.com
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Key Metrics

Founded Year

2014

Location

Bristol, United Kingdom

Stage

Series A

Total Funding

$6.98M in 3 rounds

Latest Funding Round

Series A, Jan 11, 2019, $*****

Post Money Valuation

$***** as on Jan 07, 2019

Investors

NHS Choices & 20 more

Ranked

26^th among 442 active competitors

Employee Count

60 as on Jul 31, 2026

Similar Companies

Treace Medical Concepts & 389 more

View Open Bionics' full profile

Open Bionics is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Open Bionics Ltd CIN: 09001817 , United Kingdom, Active	Apr 16, 2014	-	32 (As on Jan 31, 2022)

Open Bionics has raised a total funding of $6.98M over 3 rounds. Its first funding round was on Dec 06, 2016. Its latest funding round was a Series A round on Jan 11, 2019 for $*****. 3 investors participated in its latest round. Open Bionics has 14 institutional investors and 7 angel investors.

Here is the list of recent funding rounds of Open Bionics:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 11, 2019	3297197	Series A	8779701	4215865	7210824	1049586
Mar 22, 2017	1120463	Seed	2260306	4692015	6308993	Cascade Global & 8 more
Dec 06, 2016	2149279	Seed	8036469	5128406	TLT & 1 more	5076271

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View details of Open Bionics's funding rounds and investors

The founders of Open Bionics is Joel Gibbard.

Here are the details of Open Bionics' key team members:

Joel Gibbard: Co- Founder & CEO of Open Bionics. They serve on the board of 1 company.

Open Bionics' Board of Directors

Open Bionics's board has 5 active members. Joel Gibbard and Samantha Payne are part of team and Nicholas James Humphreys Hall, Fiona Marshall and Bill Brooksbank are independent board members.

Here is the list of Open Bionics' board of directors:

Name	Type	Representing	Status	Duration
Joel Gibbard	Team	-	Current	12y 4m
Samantha Payne	Team	-	Current	9y 11m
Nicholas James Humphreys Hall	Independent board member	-	Current	9y 8m
bhsssqq	Independent board member	-	Current	4y 2m
xnbjovx	Independent board member	-	Current	5y 2m

View details of Open Bionics's Founder profiles and Board Members

Open Bionics' employee count trend

Open Bionics has 60 employees as of Jul 26. Here is Open Bionics's employee count trend over the years:

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Top competitors of Open Bionics include Treace Medical Concepts, Proteor and Restor3D. Here is the list of Top 10 competitors of Open Bionics, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Treace Medical Concepts 2013, Ponte Vedra Beach (United States), Public	A three-plane Hallux Valgus correction system	$15M	CRG, SVB	61/100
2nd	Proteor 1913, Dijon (France), Funding Raised	Developer of prostheses and orthoses devices for orthopedic supports	-	BNP Paribas Developpement, Ardian & 1 others	59/100
3rd	Restor3D 2017, Durham (United States), Series B	Developer of 3D printing technology to reconstruct human bodies	$218M	Summers Value Partners, Trinity Capital & 3 others	59/100
4th	Bioretec 1985, Tampere (Finland), Public	Provider of bioabsorbable, bioactive and drug-releasing surgical implants	$8.58M	Springvest, Innovestor & 3 others	58/100
5th	BionicM 2016, Tokyo (Japan), Series A	Developer of prosthetic to assist knee and ankle movements	$11M	UTEC, Chibagin Capital & 7 others	58/100
6th	Kinova 2006, Boisbriand (Canada), Series B	Developer of robotic arms for personal assistance and research purposes	$57M	Graham Partners, Fonds Manufacturier Quebecois ... & 6 others	57/100
7th	Paragon 28 2010, Englewood (United States), Acquired	Provider of foot and ankle surgery devices	$200K	MVM, Oceanic Partners & 2 others	57/100
8th	Instalimb 2017, Chiyoda City (Japan), Series B	Manufacturer of 3D printed prosthetics and orthotics	$10.6M	Nippon Express, BRAVE & 16 others	56/100
9th	Epica International 2014, San Clemente (United States), Series B	Provider of robotic CT platforms for healthcare and industrial applications	$25.7M	SWK Holdings, Partners For Growth & 2 others	55/100
10th	CIONIC 2018, Scotts Valley (United States), Series A	Provider of bionic clothing for mobility impairment	$32.3M	L Catterton, BlueRun Ventures & 6 others	55/100
26th	Open Bionics 2014, Bristol (United Kingdom), Series A	Manufactures robotic prosthetic hand	$6.98M	BioScience Managers, Downing & 19 others	44/100

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Founders (largest shareholder) own 48.30%, Funds own 12.70%, Enterprises own 13.50% and Angels own 1.40%. The net worth of Open Bionics's founders is INR 8.19M as of Jan 07, 2019.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	48.30%	8.19M	1209540	9017799	1866683	8222184
Joel Gibbard	9986859	9326376	9382683	6578553	2146310	5052268
Fund	12.70%	2.16M	4916068	1636665	6528416	3588998
Ananda Impact Ventures	2159612	7103714	7155587	8743168	7686492	5027257
Downing	0	0	0	0	0	0
Enterprise	13.50%	2.29M	3913742	6766608	6903062	9789263
Angel	1.40%	240K	4	2	2	6
Other People	1.30%	218K	7	2	3	8
Total	77.20%	1.31Cr	7942469	8817344	9922910	1868939