BionIT Labs
Designing and realizing innovative medical devices with the aim of Turning disabilities into New Possibilities.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor | €0.0 | round | |
* | €5.5m | Early VC | |
| Total Funding | 000k | ||
| EUR | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 42 % | (80 %) | 309 % | 466 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 3 % | (94 %) | (1378 %) | (642 %) | (51 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
BionIT Labs is an innovative startup that specializes in creating advanced bionic hands, designed to enhance the quality of life for individuals with limb differences. Their flagship product, Adam's Skin, is a state-of-the-art bionic hand covered with an IP67 silicon glove reinforced with textile fibers. This glove is available in three models, offering various color options and up to 24 different skin tones to match the user's preference.
The company operates in the healthcare and assistive technology market, primarily serving individuals who require prosthetic limbs. Their clients include people who have lost limbs due to accidents, medical conditions, or congenital disabilities. BionIT Labs focuses on providing a highly personalized and functional solution that integrates seamlessly into the user's daily life.
BionIT Labs employs a business-to-consumer (B2C) model, selling their bionic hands directly to end-users. They make money through the sale of these prosthetic devices, which are priced based on the model and customization options chosen by the customer. Additionally, they may generate revenue through partnerships with healthcare providers and insurance companies that cover the cost of prosthetic devices for their patients.
The company's unique selling proposition lies in its use of artificial intelligence (AI) for calibration. The integrated AI in Adam's Skin ensures that the bionic hand adapts perfectly to the user's muscular tone, providing a natural and responsive experience. This fast and efficient calibration process makes the product highly user-friendly and effective.
BionIT Labs is a young and dynamic company, characterized by a team of motivated professionals dedicated to continuous innovation and improvement. Their commitment to research and technology transfer sets them apart in a market that often underutilizes these resources.
Keywords: BionIT Labs, bionic hand, prosthetics, healthcare, assistive technology, AI calibration, personalized prosthetics, IP67 silicon glove, innovation, dynamic team.