An Edinburgh-based startup developing a robotic glove to help people rehabilitate from a stroke has received £2.2m from investors.
Bioliberty’s Lifeglov robotic glove assists stroke patients in opening and closing their hands to support upper limb rehabilitation.
The company has developed software that gives custom exercises and feedback, which means stroke patients do not need to travel for rehabilitation.
“Our aim at Bioliberty is to empower every human to live a longer independent life by providing assistive robotics and rehabilitative technologies,” said Rowan Armstrong, CEO and co-founder of Bioliberty.
Bioliberty will use the funds to continue trialling its robotic glove, acquire FDA approval and secure early customer involvement with rehabilitation clinics for its 2024 US launch.
Bioliberty plans to expand the use of its robotics technology to other applications, including the lower limb.
Scottish business angel syndicate Archangels led the £2.2m round, with support from Eos Advisory, Old College Capital and Hanna Capital SEZC.
Niki McKenzie, joint managing director of Archangels, said: “We believe its technology has far-reaching benefits beyond this first application, providing the business with an excellent opportunity to grow quickly from its base here in Scotland.”
The health tech startup was founded by Armstrong, along with CDO Conan Bradley, CTO Ross O’Hanlon and COO Shea Quinn in 2020.
Archangels recently spoke with UKTN for its Beyond the Capital series, which features tech investors and venture capitalists based outside of London.
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