Vessl Prosthetics Attains Oversubscribed Pre-Seed Funding to Propel Innovation in Prosthetic Solutions

Vessl, a London-based startup specializing in advanced prosthetic systems, recently announced the successful completion of its oversubscribed pre-seed funding round, which will accelerate the development of its innovative prosthetic devices. This financial backing aligns with Vessl’s mission to empower amputees, enabling them to lead fuller, more independent lives.

The funding enables Vessl to launch its revolutionary Isoform™ prosthetic system, specially engineered for amputees struggling with traditional socket fittings. This innovative system adjusts to the limb's changing volume throughout the day, using kinetic energy from walking to ensure a comfortable fit without requiring manual readjustments. Vessl co-founder Oleksiy Zaika highlights the technology, emphasizing how it automates the fitting process, enhancing user comfort as limb volume fluctuates during daily activities.

This pre-seed funding will also facilitate revenue generation through four key sales channels in the U.S. market, alongside essential FDA registration and clinical research activities. The company’s user-centered design aims to address critical market gaps identified through collaboration with amputees and prosthetists. Early users like Stevie, who trialed the Isoform system, praised its time-saving technology and comfort, as it alleviated discomfort and pain compared to standard sockets, significantly benefiting active athletes.

Since Vessl's inception in June 2022, the company has gained invaluable business knowledge through programs like Waterloo’s Accelerator Centre: Studio Program, which provided mentorship and industry insights, propelling its transformation from a concept to a viable startup. The support from various partners and investors, including Spring, VentureLAB, OBIO®, and others, has been instrumental in Vessl's growth, reinforcing the startup's goals.

Christina Fox, CEO of TechAlliance, acknowledges Vessl as a leading woman-led MedTech startup in one of North America's top emerging tech markets. She commends co-founders Sydney Robinson and Oleksiy Zaika for their dedication to delivering transformative technology and empowering amputees while contributing to the region's innovation ecosystem.

Vessl also joined the Techstars 2023 class, a global accelerator program fostering collaboration among innovative companies focused on comprehensive health solutions. The founders remain committed to the ongoing development of products and services that enhance the comfort, independence, and confidence of amputees, with this funding round being just the beginning of their journey.

About Vessl Prosthetics: Vessl is redefining the prosthetic industry through cutting-edge technology, particularly addressing the prevalent issue of poor socket fit affecting over 50 million amputees globally. Co-founders Sydney Robinson and Oleksiy Zaika lead a dedicated team committed to improving the prosthetic experience by reducing unnecessary visits, fitting durations, and abandonment of prostheses. Through their innovative Isoform system, Vessl champions not only the needs of amputees but also streamlines processes for prosthetists, creating a more efficient and empowering experience for both users and clinicians alike.

For media inquiries, contact Alex Hebert at Durrell Communications.