# Vulcan Augmetics Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vulcan-augmetics-pte

- Industry: Biotechnology
- Headquarters: Singapore, Singapore
- Website: www.wearevulcan.com
- Latest round: Seed (Oct 11, 2023)
- Investors on record: 1

## About

Based in Singapore, Vulcan Augmetics Pte. Ltd. specializes in innovative prosthetic solutions aimed at enhancing mobility and independence for users, offering personalized devices and support services tailored to individual needs.Vulcan Augmetics Pte. Ltd. is a Singapore-based company founded in 2018 that focuses on developing advanced prosthetic devices. The company was established by H? Tr?nh and Rafael Masters. In October 2023, Vulcan Augmetics successfully raised Seed funding from Quest Ventures, marking its second deal since inception. The company has not showcased any significant pivots in its business strategy since its founding, nor does it operate as a subsidiary of a parent company.Vulcan Augmetics specializes in advanced prosthetic solutions designed to enhance mobility and independence for users. The core product offering includes the Vulcan Multi-grip Myoelectric Hand, which allows individuals to perform a diverse range of tasks—up to 30—including self-care and family care—by recognizing unique muscle signals for precise control. The company emphasizes personalization, enabling users to select a look that suits their preferences while offering rapid adaptation to the device. In addition to the prosthetic hands, Vulcan provides the Vulcan Control Solution, a system designed to facilitate quick and effective fitting for clinicians, ensuring a user-friendly experience that minimizes discomfort. These products and services primarily target emerging markets, with a focus on regions requiring affordable prosthetic solutions, thereby empowering individuals to reclaim autonomy in their daily lives.In the most recent year, 2021, Vulcan Augmetics reported a revenue of USD 8,086.90 and an EBITDA of USD -72,620. The company generates revenue through direct transactions involving its innovative prosthetic devices and accompanying support solutions for clinicians. The company operates on a model that includes direct-to-consumer sales as well as partnerships with healthcare providers and clinics, facilitating patient fitting and support. Transactions are structured around the sale of flagship products like the Vulcan Multi-grip Myoelectric Hand and the Vulcan Control Solution, which include service agreements for ongoing support and training. Pricing plans are designed to be accessible to the target demographic, reinforcing the company’s commitment to affordability in prosthetic technology, while enhancing patient outcomes and establishing a sustainable revenue model aligned with the needs of both individual users and healthcare professionals.Following its most recent Seed funding round in October 2023, Vulcan Augmetics plans to utilize the funds to produce more assistive devices and enhance their accessibility in developing countries. The company aims to expand its product line with new devices designed to improve user experience, although specific product launch dates have yet to be announced. Additionally, Vulcan Augmetics is targeting expansion into multiple emerging markets, focusing on regions in need of affordable prosthetic solutions, thereby broadening its impact and outreach.

## Funding rounds

- Seed, Oct 11, 2023 — Quest Ventures

## Investors

- Quest Ventures (https://capitalatlas.ai/funds/quest-ventures) — Seed