The Venture Codex Logo

The Venture Codex

Neofect

1432 Main St #215, Waltham, MA, 02451, United States

Overview

Neofect builds the NeoMano, a leather, hand-worn powered glove designed to give users mobility in a paralyzed hand due to conditions like stroke, MS and ALS. The glove wraps around the thumb and the index and middle fingers, enabling otherwise simple daily tasks such as brushing teeth, opening doors, and drinking from a cup. The device attaches to a pulley connected to a detachable motor powered by AAA batteries, and a Bluetooth controller held in the other hand controls open and close. The San Francisco-based team completed an Indiegogo campaign late last month, raising north of $28,000 — about 130% of its initial goal. Neofect says the NeoMano is on track to ship to customers in June and appears closer to production than last year’s prototype. The product is listed at $1,999 post-Indiegogo.

Total raised
$28M
Funding rounds
1
Latest round
Equity
Latest activity
Jan 2019

Industries

  • Health Care
  • Medical Device
  • Robotics
  • Software
Visit website

Recent funding

  1. Equity

    Jan 2019

    $28M

Team

  • Scott Kim

    CEO

    LinkedIn
  • Hoyoung Ban

    Co-founder & CEO

    LinkedIn
  • Isabelle Matwe

    Project Associate

  • Aaron Rodriguez

    Senior Account Manager (Home)

    LinkedIn