Pune-based Dee Dee Labs Pvt Ltd, which are making affordable myoelectric limbs for developing countries, has raised an undisclosed amount of seed funding from Venture Center, an India’s largest science business incubator run under the aegis of CSIR-National Chemical Laboratory (NCL).
The startup will utilize the funds raised in strengthening its R&D effort for product development and pilot testing of the prototype which will help the startup to reach to a stage where it can show the alpha version of the product and apply for the subsequent funding opportunities.
Founded in 2016, by Subhojit Basu, Pratik Bhalerao and Vishal Patil, DeeDee Labs is design and development lab with a primary focus on the development of next generation of bionic prostheses for upper limb amputees. The startup aims at making affordable myoelectric limbs for developing countries which are non-invasive. “Myoelectric” is the term for electric properties of muscles. A myoelectric-controlled prosthesis is an externally powered artificial limb that one can control with the electrical signals generated naturally by human muscles.
The technology that the startup uses involves gathering Surface Electromyographic signals and using Data Science methods to learn gestures over time and actuate the limb. Currently we are looking for support to complete prototyping and enter market.
Based at Venture Center, Dee Dee Labs is currently working on a non-invasive multigrasp myoelectric prosthetic arm for transradial amputee population in India and the Indian subcontinent. Their bionic arm technology platform is designed to restore anatomical function, lost by amputation, by using intelligent hardware and algorithms that can respond in a human-like way.
“DeeDee Labs has the potential to serve an unmet need for affordable and empowering upper limb prosthetics. While doing so, the company is developing a platform that can be applied to many other applications in assistive technology products,” said Dr. Premnath, Director, Venture Center who is very optimistic of large market growth in these sectors in the coming years.
Venture Center is a technology business incubator specializing in technology enterprises offering products and services exploiting scientific expertise in the areas of materials, chemicals and biological sciences & engineering.
[Top Featured Image is for representative purpose only | Via – ThriveGlobal.com]
Source – BioSpectrum India