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 Jul 31, 2026, the latest employee count at PSYONIC is 43.

Is PSYONIC a funded company?

PSYONIC is a funded company, having raised a total of $2.19M across 7 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 $***** Grant (prize money) round on Jul 28, 2025, with participation from 1 investor.

What is the annual revenue of PSYONIC?

Annual revenue of PSYONIC is between $1M and $10M as on Dec 31, 2023

Where does PSYONIC rank among its competitors?

PSYONIC ranks 6th amongst 248 active competitors, of which 47 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was PSYONIC, which secured $128K in Jul, 2025.

Who are the top competitors of PSYONIC?

PSYONIC's top competitors include Proteor, BionicM and Kinova. Among them, PSYONIC secured the most recent funding round in July, 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 248 active competitors, including 47 funded and 12 that have exited. Its top competitors include companies like Proteor, BionicM and Kinova.

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 7 rounds

Latest Funding Round

Grant (prize money), Jul 28, 2025, $*****

Post Money Valuation

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

Investors

Illinois Ventures & 7 more

Ranked

6^th among 248 active competitors

Annual Revenue

$1M - $10M as on Dec 31, 2023

Employee Count

43 as on Jul 31, 2026

Similar Companies

Proteor & 155 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		$1M - $10M (As on Dec 31, 2023)	21 (As on Dec 31, 2023)	-

PSYONIC has raised a total funding of $2.19M over 7 rounds. Its first funding round was on Mar 16, 2016. Its latest funding round was a Grant (prize money) round on Jul 28, 2025 for $*****. 1 investor participated in its latest round. PSYONIC has 5 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
Jul 28, 2025	9668545	Grant (prize money)	9408498	4657021	1763254	3821287
Feb 26, 2024	1242626	Angel	7065879	9463361	3811073	Kevin Oleary & 2 more
Nov 14, 2022	6642103	Seed	3944245	5004761	9230645	8505928

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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 43 employees as of Jul 26. Here is PSYONIC's employee count trend over the years:

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Top competitors of PSYONIC include Proteor, BionicM and Kinova. 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	-	BNP Paribas Developpement, Ardian & 1 others	59/100
2nd	BionicM 2016, Tokyo (Japan), Series A	Developer of prosthetic to assist knee and ankle movements	$11M	UTEC, Chibagin Capital & 7 others	58/100
3rd	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
4th	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	56/100
5th	CIONIC 2018, Scotts Valley (United States), Series A	Provider of bionic clothing for mobility impairment	$32.3M	BlueRun Ventures, L Catterton & 6 others	55/100
6th	PSYONIC 2015, Champaign (United States), Seed	Developer of bionic limbs for people with amputations	$2.19M	Illinois Ventures, Standing Oak Venture Partners ... & 6 others	53/100
7th	Össur 1971, Reykjavik (Iceland), Public	Developer of orthopedic bracing and support products	-	William Demant Invest, Paros Capital & 1 others	49/100
8th	Blatchford 1890, Basingstoke (United Kingdom), Acquired	Provider of lower limb prosthetics for amputees and their caregivers	-	Europa, CBPE	49/100
9th	BionIT Labs 2018, Lecce (Italy), Series A	Developer of myoelectric prosthesis limbs	$5.94M	Simest, CDP Venture Capital & 6 others	47/100
10th	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	45/100