When was PSYONIC founded?

PSYONIC was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is PSYONIC located?

PSYONIC is headquartered in Champaign, United States. It is registered at 9999 BUSINESSPARK AVE, SUITE B, SUITE B, SAN DIEGO, CA.

How many employees does PSYONIC have?

As of Mar 31, 2026, the latest employee count at PSYONIC is 36.

Is PSYONIC a funded company?

PSYONIC is a funded company, having raised a total of $2.19M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 16, 2016.

How much is PSYONIC worth?

The latest valuation of PSYONIC is $***** as of Aug 07, 2024.

When was the latest funding round of PSYONIC?

PSYONIC's latest funding was a $***** Angel round on Feb 26, 2024, with participation from 3 investors.

Where does PSYONIC rank among its competitors?

PSYONIC ranks 12th amongst 127 active competitors, of which 38 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Axiles Bionics, which secured $6.91M in Jun, 2025.

Who are the top competitors of PSYONIC?

PSYONIC's top competitors include Proteor, CIONIC and REEV. Among them, Axiles Bionics secured the most recent funding round in June, 2025.

PSYONIC - 2026 Company Profile, Team, Funding & Competitors

PSYONIC is a seed company based in Champaign (United States), founded in 2015 by Aadeel Akhtar. It operates as a Developer of bionic limbs for people with amputations. PSYONIC has raised $2.19M in funding, with a current valuation of $*****. The company has 127 active competitors, including 38 funded and 8 that have exited. Its top competitors include companies like Proteor, CIONIC and REEV.

Company Details

Developer of bionic limbs for people with amputations. Its product offering is called Ability Hand which is a bionic hand with a multi-articulated prosthesis and multi-touch feedback.

Website: www.psyonic.io/
Social
Email ID: *****@psyonic.co
Registered Address: 9999 BUSINESSPARK AVE, SUITE B, SUITE B, SAN DIEGO, CA

Key Metrics

Founded Year

2015

Location

Champaign, United States

Stage

Seed

Total Funding

$2.19M in 6 rounds

Latest Funding Round

Angel, Feb 26, 2024, $*****

Post Money Valuation

$***** as on Aug 07, 2024

Investors

America’s Seed Fund & 6 more

Ranked

12^th among 127 active competitors

Employee Count

36 as on Mar 31, 2026

Similar Companies

Proteor & 148 more

View PSYONIC's full profile

PSYONIC is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Psyonic, Inc. CIN: 0001759211 , United States, Active		$1.9M (As on Dec 31, 2023)	21 (As on Dec 31, 2023)	-

PSYONIC has raised a total funding of $2.19M over 6 rounds. Its first funding round was on Mar 16, 2016. Its latest funding round was a Angel round on Feb 26, 2024 for $*****. 3 investors participated in its latest round. PSYONIC has 4 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of PSYONIC:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 26, 2024	7093768	Angel	4215976	2987751	3536333	5275030
Nov 14, 2022	6283054	Seed	8902564	7342512	7348334	9991140
Feb 15, 2020	4335975	Grant (prize money)	7899746	6137915	5913386	America’s Seed Fund

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View details of PSYONIC's funding rounds and investors

The founders of PSYONIC is Aadeel Akhtar.

Here are the details of PSYONIC's key team members:

Aadeel Akhtar: Founder & CEO of PSYONIC and founder of 1 other company.
Contact Info: 1 email address

View details of PSYONIC's Founder profiles and Board Members

PSYONIC's employee count trend

PSYONIC has 36 employees as of Mar 26. Here is PSYONIC's employee count trend over the years:

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Top competitors of PSYONIC include Proteor, CIONIC and REEV. Here is the list of Top 10 competitors of PSYONIC, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Proteor 1913, Dijon (France), Funding Raised	Developer of prostheses and orthoses devices for orthopedic supports	-	Ardian, BNP Paribas Developpement & 1 others	60/100
2nd	CIONIC 2018, Scotts Valley (United States), Series A	Provider of bionic clothing for mobility impairment	$32.3M	L Catterton, BlueRun Ventures & 6 others	59/100
3rd	REEV 2021, Toulouse (France), Series B	Developer of AI-powered exoskeletons and gait analysis tools for mobility recovery. This company offers a two-step solution for outpatient clinics. The first step involves REEV SENSE, a gait analysis system using wearable sensors to assess patient mobility. The second step utilizes DREEVEN, a smart motorized knee brace that provides robotic assistance, personalized based on the REEV SENSE data. The system aims to improve patient outcomes and daily mobility for individuals with neurological gait disorders. The company's technology helps healthcare professionals efficiently evaluate gait patterns and provide targeted support for rehabilitation.	$12.4M	Newfund, Polytechnique Ventures & 3 others	43/100
4th	Epica International 2014, San Clemente (United States), Series B	Provider of robotic CT platforms for healthcare and industrial applications	$25.7M	SWK Holdings, Avenue Capital Group & 2 others	54/100
5th	Axiles Bionics 2018, Brussels (Belgium), Series A	Provider of ankle-foot prosthesis for specially abled people	$6.91M	PE Group, European Commission & 2 others	54/100
6th	Makers Hive Innovations 2018, Hyderabad (India), Series A	Manufacturer of affordable, customizable bionic hands and associated mobile application	$9M	Starfish, Silverneedle Ventures & 5 others	51/100
7th	Aether Biomedical 2016, Poznan (Poland), Series A	Developer of a bionic limb for performing multiple tasks	$10.3M	Story Ventures, Chiratae Ventures & 20 others	50/100
8th	BionIT Labs 2018, Lecce (Italy), Series A	Developer of myoelectric prosthesis limbs	$5.94M	Simest, CDP Venture Capital & 6 others	47/100
9th	Össur 1971, Reykjavik (Iceland), Public	Developer of orthopedic bracing and support products	-	William Demant Invest, Paros Capital & 1 others	47/100
10th	Adapttech 2015, Porto (Portugal), Series A	Provider of smart prosthetic technology for orthopedic rehabilitation	$7.45M	ACF Investors, Mercia & 4 others	46/100
12th	PSYONIC 2015, Champaign (United States), Seed	Developer of bionic limbs for people with amputations	$2.19M	America’s Seed Fund, Standing Oak Venture Partners ... & 5 others	39/100