Test the Waters
Vulcan Augmetics
Democratizing prosthetics for developing nations 🦾
- Security Type
- CAFES
- Categories
- Technology, Robotics, Healthcare/Medical, Minority Founders
- Min Investment
- $100
- Amount Raised
- $112,908
Key Deal Facts
Techstars, Shark Tank, & SXSW Innovation Award company, 30 yrs experience in prosthetics & robotics
ISO 13485, export-ready, 18 clinics in nation-wide network with 80% conversion, 90% retention.
Fast execution: built, certified & launched functional robotic hand in 2.5 yrs, $420K raised
📝 3 patents in mechatronics, ML and UX systems — 1 assigned, 2 pending
Transforming the $800 billion physical disability market, starting with prosthetics
Vulcan is 10x cheaper & 5x faster to fit than competitors, can be upgraded at home in seconds
Security Description
A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.