Aether Biomedical has raised an undisclosed amount in seed funding from Venture capital fund Chiratae Ventures.
The funding round also saw participation from Joyance Partners and Sunfish Partners.
As per the company, it plans to use the funding amount for commercialization of its product Zeus, a multi-action bionic arm, across India and Europe.
The company also aims to continue its R&D efforts by building the next generation of the bionic limb and building accessory products like prosthetic wrists and prosthetic elbows.
Founded by Dhruv Agrawal and Faith Jiwakhan in 2016, Aether Biomedical is a medical robotics startup, focused on biosignal processing and bionic limbs for upper limb amputees.
The company has a strong foothold in developing regions like India and other countries in the Asia Pacific region.
Talking about Aether Biomedical, Dhruv Agrawal, Founder and CEO of Aether Biomedical, said,
“Building at the intersection of robotics, mechatronics, research, insights, and innovation, we hope our solutions help 10 million+ amputees globally live better lives and re-invent medical tech.”