a year ago
Koalaa Raises $1.2 Million for Soft Prosthetics
Koalaa, a startup developing soft, comfortable, and affordable prosthetics, has secured $1.2 million in funding
The round was led by British Design Fund and included investment from Imperial College Enterprise Fund II
Koalaa's prosthetics are made from fabric, are lightweight, and can be customized with interchangeable tools
The funding will support product development, team growth, and expansion of work with clinicians and NGOs.
ProblemHealthcare
"Traditional prosthetics are expensive, uncomfortable, and difficult to access, especially for children. Many people in developing countries can't afford them, and they're often too bulky and uncomfortable to use in everyday life."
Solution
"Koalaa offers soft, comfortable, and affordable prosthetics that can be customized for different activities. These prosthetics are made from fabric and can be used just hours after surgery, making them ideal for children and people in developing countries. "