Atom Limbs

Neutral
BETA

The world’s first mind-controlled bionic arm

Analytics

Raised to Date: $1,070,000

Aggregate Commitments $
Platform

Wefunder

Start Date

10/23/2020

Close Date

03/23/2021

Min. Goal

$250,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$10,000,000

Discount Rate

0%

Weekly Commitments $
Status

Active

Reporting Date

01/24/2021

Days Remaining

56

% of Min. Goal

428%

% of Max. Goal

100%

Likelihood of Max
Avg. Daily Raise

$11,505

# of Investors

1,521

Momentum
Location

San Francisco, California

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

Atom Limbs, with a valuation cap of $10 million, is raising crowdfunding on Wefunder. The company is creating the world’s first mind-controlled bionic arm. The arm has full finger dexterity, 200 sensors, and curls 45lbs. It is powered by artificial intelligence and will be sold to amputees and robotic organizations dealing with agriculture, factory assembly, and hazardous environments. Tyler Hayes founded Atom Limbs in April 2019 and has raised over $350,000 since its inception. The proceeds of the current crowdfunding round, with a minimum goal of $250,000 and a maximum goal of $1,070,000, will be used for tech infrastructure, equipment, hiring, travel and conferences, and legal and operating costs. Atom Limbs received a $120 million grant from the Department of Defense and DARPA, which was used for research and development in the past 15 years.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-137,202

$0

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$78,122

$0

Accounts Receivable

$0

$0

Total Assets

$79,937

$0

Short-Term Debt

$217,049

$0

Long-Term Debt

$0

$0

Total Liabilities

$217,049

$0

Ratings

last updated 01/26/2021

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