ATDev Raises $3 Million to Propel Assistive Mobility Forward
ATDev Secures Funding for Mobility Solutions
Assistive Technology Development, Inc. (ATDev) recently announced a remarkable achievement in its journey to transform mobility for individuals with disabilities. The company has successfully raised $3 million in Seed funding. The investment round, primarily led by Dobrzelecki Legacy Ventures, saw participation from several notable partners including Uphonest Capital and The Life Science Angels, as well as other prominent investors with expertise in the field.
A Step Towards Empowering Individuals
"This investment is a major milestone in our mission to deliver mobility for all, empowering people of every ability to live independently through cutting-edge, affordable technology," reflected Todd Roberts, the CEO and co-founder of ATDev. His enthusiasm about the funding is evident as he highlighted the company's commitment to ensuring that movement access becomes a fundamental human right.
Innovative Technology for Independent Living
ATDev's approach to mobility combines several advanced technologies such as robotics, wearable devices, and telehealth services, which collectively support independence for people with varying levels of physical ability. One of ATDev's standout products, the Reflex device, is a smart knee rehabilitation robot designed to make high-quality physical therapy accessible within home environments.
Addressing a Critical National Demand
Statistics reveal a pressing need for solutions in the assistive mobility sector. Over 61 million individuals across the globe live with disabilities, and with the aging population, approximately 10,000 Americans reach the age of 65 every day. This demographic shift emphasizes the importance of developing affordable and effective mobility solutions. Unfortunately, many existing products are often large, costly, and not designed for the needs of modern independent living.
Vision for the Future
Owen Kent, CMO and co-founder of ATDev, expressed a visionary perspective regarding the company's role in this sector: "Our long-term vision is a world where ability is never limited by cost or infrastructure. This capital helps us bring that vision to life faster, for millions of people," he shared, emphasizing their dedication to making advancement in mobility technology accessible for everyone.
About Assistive Technology Development, Inc.
Founded in 2020 and emerging from the esteemed UC Berkeley ecosystem, ATDev is an innovative startup dedicated to creating a comprehensive range of robotic personal mobility devices aimed at revolutionizing assistive technology.
To learn more about ATDev, visit assistivetech.dev.
Media Inquiries:
Chief Marketing Officer and Co-Founder
Frequently Asked Questions
What is ATDev's main mission?
ATDev aims to empower individuals with disabilities by providing advanced mobility solutions to promote independence through technology.
How much funding did ATDev raise?
ATDev raised $3 million in Seed funding to advance their assistive mobility ecosystem.
What is the Reflex device?
The Reflex is a smart knee rehabilitation robot designed for at-home physical therapy.
Who led the investment round for ATDev?
The funding round was led by Dobrzelecki Legacy Ventures, alongside other prominent investors.
How does ATDev plan to use the new funding?
ATDev plans to accelerate its development of mobility solutions to enhance access for individuals across all abilities.
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