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PSYONIC

ACTIVE

PSYONIC, Inc. is an American biotech startup based in San Diego, founded in 2015 by Aadeel Akhtar, designing and manufacturing advanced bionic prosthetic hands with tactile feedback for amputees and humanoid robots.

Founded2015United States
HQSan DiegoUnited States
Total funding$8600B6 · 2018–2024
Valuation$65 mlnestimated private valuation · 2024
01 · About

PSYONIC

Founded 2015 · San Diego, United States

Psyonic, Inc. (brand: PSYONIC) is an American startup headquartered in San Diego, California, founded in 2015 by Aadeel Akhtar (CEO; Ph.D. in Neuroscience and M.S. in Electrical and Computer Engineering, University of Illinois Urbana-Champaign). The company designs and manufactures advanced bionic prosthetic hands.

Its flagship product, the Ability Hand™, is the fastest bionic hand on the market (closing in 200 ms) and the first to feature multi-touch feedback — pressure sensors in the fingertips that transmit vibrations to the residual limb. The hand weighs approximately 490 g, is waterproof, charges via USB-C, and is manufactured in the USA from rubber and silicone, providing impact resistance. It is covered by Medicare in the United States.

PSYONIC operates across two markets: prosthetics for amputees and hands for humanoid robots, with partners and customers including Apptronik Apollo, NASA, and Meta. In February 2024, the company appeared on Shark Tank (Season 15), receiving an offer of $1 million for a 6% equity stake from Lori Greiner, Daymond John, and Kevin O'Leary, implying a $50 million valuation. In 2024, the company raised approximately $4.1 million in a crowdfunding round. Total financing — equity and grants combined — has exceeded $10 million. As of June 2025, the company employed more than 30 people.

  • Dr. Aadeel Akhtar

    Founder, CEO

    American biomedical engineer with a PhD from the University of Illinois; founder of PSYONIC and creator of the affordable Ability Hand bionic prosthesis.

02 · What they do

Domain of activity

03 · Geography

Global presence

HQ San Diego · 1 offices
04 · Metrics

Scale & funding

founded 2015 · Seed (2024)
2015founded
over 30 employees (Loyola University news, June 2025)employees
$9Mtotal funding
Seed (2024)latest round
growthdevelopment stage
Privatenot listed
activestatus
$9M
total funding
6 · 2018–2024
grantJanuary 2018National Science FoundationNSF Phase I SBIR Grant listed on company 'Who We Are' page.
$225k
grantJanuary 2019National Science FoundationNSF Phase I SBIR Grant listed on company 'Who We Are' page.
$225k
grantJanuary 2020National Science FoundationNSF Phase II SBIR Grant listed on company 'Who We Are' page.
$937k
SeedJanuary 2020Seed round 2020, per San Diego Magazine.
$1,4 mln
Equity Crowdfunding (Reg CF / StartEngine)January 2024StartEngine Reg CF campaign closed at approximately $3.1M before the Shark Tank airing (February 2024). Per CNBC and StartEngine.
$3,1 mln
Seed (2024)January 2024Seed round 2024 per Loyola University news (June 2025). PSYONIC officially describes this as a 'crowdfunded equity raise' of $4M (per official psyonic.io release).
$4,1 mln
05 · Portfolio

Products & solutions

1 components
06 · Relations

Organizational relations

2 strategic relations

Strategic relations

2
  • Partnership
    PSYONIC supplies the Ability Hand to Apptronik's Apollo humanoid robot, which is deployed in collaboration with Mercedes-Benz USA on industrial robotics projects.
  • Funded by
    Shark Tank deal (February 2024): Lori Greiner, Daymond John, and Kevin O'Leary jointly offered $1M for 6% equity (valuation $50M). The deal was pending completion following the episode's air date (February 2024).
    2024 →
07 · Classification

Profile & metadata

3 classification · 6 external links

Classification

  • Statusactive
  • Development stagegrowth
  • Listed onNoprivate
08 · Related content

Articles

1 articles