What Happened To Psyonic After Shark Tank?

Psyonic After Shark Tank Update: Psyonic is an affordable bionic artificial limbs company. This business was founded in 2015 by Aadeel Akhtar and his team. Akhtar got this business idea at the age of 7 when he went to Pakistan with his parents and there he saw an amputee for the first time.

He started PSYONIC when he was in his college. He along with his team of engineers and doctors created a flagship product called Ability Hand. Launched crowdfunding campaign on StartEngine and raised $15k+ investment. By February 2, 2024, they have raised a total of $3.1 million.

What Is Psyonic?

Psyonic’s product Ability Hand is the world’s first touch-sensing bionic hand. A sensor has been inserted in the finger tips of this Ability Hand. It detects pressure and sends vibrations to the Arm. This hand is water resistant, lightweight, multi-articulated, tough, Bluetooth compatible and more. The cost of this product can be around $10k to $20k.

Who Is The Founder Of Psyonic?

Aadeel Akhtar is the founder and CEO of Psyonic Company. He is a PhD holder. He completed his Doctor of Philosophy (PhD), Neuroscience studies from the University of Illinois Urbana-Champaign.

Psyonic Shark Tank Update

Company Name	Psyonic
Founder	Aadeel Akhtar
Founded	2015
Product	Bionic Artificial Limb
Asked For	$1M for 2% equity
Final Deal	$1M for 6% equity
Shark	Kevin O’Leary Daymond John Lori Greiner
Episode (Shark Tank USA)	S15 E15
Air Date	Feb 23, 2023
Business Status	In Business
Psyonic Net Worth	$2.5M *estimated
Headquarters	San Diego, California, USA
Psyonic Instagram	View Profile
GO TO AMAZON	Buy Now

Also Read This: What Happened To Coldest After Shark Tank?

Psyonic on Shark tank Pitch

After Ehime Aadeel entered the Shark Tank, he asks the sharks for $1M for 2% equity. He explained his product to the sharks. His product is prosthetic hands made for humans and robots.

Mark said he cannot invest in this product so he is out. Robert said that he love the product but he cannot invest so he is out.

Kevin offered $1M for 10% equity. Daymond and Lori offered $1M for 6% equity. Aadeel countered with $1M for 4% equity.

Then Kevin, Daymond and Lori mixed and offered $1M for 6% equity. Founder accepted the offer.

Psyonic Net Worth

Psyonic’s net worth is estimated at $2.5 million. Globally traumatic amputation is increasing. In 2019 it was 552.45 million. The number of people with limb loss in the United States alone is 2.1 million people and is estimated to double by 2050.

Is Psyonic Still In Business?

Yes, Psyonic is still in business as of February 2024.

According to the official Instagram post of Psyonicinc, over $3.1 million has been raised by February 2024. Thousands of individual investors have invested in this company.

The current headquarters of this company is San Diego, California, United States and 11-50 employees are working in it.

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