Vulcan Augmetics is a technology company.
Vulcan Augmetics has raised $220K across 1 funding round.
Vulcan Augmetics has raised $220K in total across 1 funding round.
Vulcan Augmetics is a Vietnam-based technology company developing affordable, modular myoelectric prosthetic hands and arms for amputees, primarily in the healthcare sector.[1][2][3] It uses AI, EMG sensors, and proprietary machine learning for natural control, serving clinicians and users in developing countries where access to high-functioning prosthetics is limited due to cost and lack of insurance.[1][2][3] The company solves mobility and independence challenges for amputees—especially in Vietnam, where 95% self-fund and face 70% unemployment—through customizable, upgradable devices that plug together like Lego pieces.[3][4] Founded in 2018, it has raised $340K in seed funding, released key products like the Mark 9.7 and 9.9 hands, and expanded globally to markets including Singapore, India, Poland, and Brazil, with strong growth in orders and clinician adoption.[1][2]
Vulcan Augmetics was founded in 2018 in Ho Chi Minh City, Vietnam (initially noted in Singapore), by expatriates Rafael Masters (CEO & Cofounder) and Akshay Sharma, later joined by Ella Trinh (COO & Cofounder).[1][2][3] Inspired by the lack of affordable, high-quality prosthetics for Vietnamese amputees without insurance, the duo—a social enterprise startup—pioneered 3D printing and injection molding for customizable devices.[3] Early traction came from partnerships with 17 hospitals and clinics by 2021, fitting 32 users, with ambitions to scale to 50 monthly users in 2022 and Southeast Asia.[3] Pivotal moments include the 2021 launch of the Mark 9.7 Flex Hand (first multi-grip myoelectric hand), 2022 releases of the lighter Mark 9.9 and Myo Band sensor, and global entry in 2023-2024.[2]
Vulcan rides the bionic prosthetics and wearable tech wave, blending AI, sensors, and 3D manufacturing to democratize advanced healthcare in emerging markets.[1][3] Timing aligns with rising amputee needs in developing countries (e.g., Vietnam's 38 million global disabled target) and falling 3D printing costs, countering market forces like high prosthetic prices and insurance gaps.[3] It influences the ecosystem by partnering with hospitals, attracting investors like Epic Angels and Quest Ventures, and pioneering sustainable, user-led designs that could extend to paralysis aids and non-disabled enhancements.[1][3]
Vulcan is poised to scale from prosthetics leader to comprehensive assistive tech provider, targeting wearables, health diagnostics, and AR/VR controls on its ML platform.[1][2] Trends like AI-driven personalization, global supply chain efficiencies, and social impact investing will fuel growth, potentially capturing Southeast Asia and beyond amid aging populations and injury rises. Its influence may evolve by setting affordability standards, inspiring copycats, and serving millions—transforming traumatic injury from life-altering to manageable, as per its founders' vision.[2][3]
Vulcan Augmetics has raised $220K in total across 1 funding round.
Vulcan Augmetics's investors include Techstars.
Vulcan Augmetics has raised $220K across 1 funding round. Most recently, it raised $220K Seed in October 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2021 | $220K Seed | Techstars |