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Harmonic Bionics

acquired by Bioness

Austin, US · Founded 2016 · Delaware corporation · 3 known investors

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Harmonic Bionics develops Harmony SHR, a robotic system for upper extremity rehabilitation used to treat patients recovering movement, and partners with distributors outside the US. The company operates in the medical robotics and rehabilitation technology field.

Digital HealthMedical DevicesRobotics

Founders & leadership

Harmonic Bionics was founded in 2016 by Ashish Deshpande and Youngmok Yun.

ADAshish Deshpande
Ashish DeshpandeCo-Founder2016–2025Ashish Deshpande directs the ReNeu Robotics Lab at UT Austin, where he leads research in hardware-software co-design for robotic systems, and previously led a dexterous manipulation research group at Meta Reality Labs. He has spent over two decades working on robotic systems and AI algorithms, with background in the intersection of hardware design and artificial intelligence.
YYYoungmok Yun
Youngmok YunBoard Member and Cofounder2023–2025
CP
Christopher PrenticeNamed on SEC filing
AB
Adam BermanNamed on SEC filing

Board

PYPhil Yoon
Phil YoonBoard directorGeneral Partner at Big Basin Capital

Investors · 3

SWAN Impact NetworkreportedAustin

How we know: press coverage · Not right? Tell us

Also in the syndicate · 1

KNet Investment Partnerslead

Reported raises · per SEC filings

Form D private placements

$10.4M disclosed across 2 rounds · 2021–2022

▶$3MraisedJun 2022 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Adam BermanDirector
  • Christopher PrenticeExecutive Officer, Director
  • Ashish DeshpandeExecutive Officer, Director
  • Phil YoonDirector
  • Youngmok YunExecutive Officer, Director
Offering amount
$7M
Amount sold
$3M
First sale
May 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$7.4MraisedMar 2021 · 29 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Christopher PrenticeExecutive Officer, Director
  • Ashish DeshpandeExecutive Officer, Director
  • Youngmok YunExecutive Officer, Director
  • Adam BermanDirector
  • Phil YoonDirector
Offering amount
$11.3M
Amount sold
$7.4M
First sale
Mar 2021
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Related companies · 4

Open BionicsOpen Bionics develops 3D-printed bionic hands called the Hero Arm, designed to be affordable, functional, and aesthetically appealing alternatives to traditional prostheses. The company serves individuals with upper limb differences and limb loss, operating in the medical devices and assistive technology space.
PsyonicPSYONIC develops the Ability Hand, a touch-sensing bionic hand with sensory feedback and motor control for prosthetic users and robotics applications. The company positions the device as faster than other bionic hands and priced to be covered by Medicare and most private insurers.
NeuroBionicsNeuroBionics develops soft, flexible neural interface technologies for neuromodulation applications. The company translates bioelectronic devices from preclinical research toward first-in-human studies and commercialization.
Harmonic DiscoveryHarmonic Discovery applies medicinal chemistry, cheminformatics, data science and machine learning expertise to advance drug discovery. The company is supported by investors at the intersection of technology, biology and medicine.

Companies working in the same space as Harmonic Bionics.

Non-dilutive funding · 1 SBIR/STTR award

Federal grants — no equity taken
AgencyPhaseYearAmount
National Science FoundationPhase I2018$225K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Harmonic Bionics Expands Leadership Team Welcoming New Chief Financial Officer and Chief Commercialization & Strategy Officer - BioSpacebiospace.com · Jun 2022Harmonic Bionics Secures $7 Million Series A Funding Round Led by KNet Investment Partners & Big Basin Capitalprnewswire.com · May 2021

Frequently asked questions

What does Harmonic Bionics do?
Harmonic Bionics develops Harmony SHR, a robotic system for upper extremity rehabilitation used to treat patients recovering movement, and partners with distributors outside the US. The company operates in the medical robotics and rehabilitation technology field.
Who founded Harmonic Bionics?
Harmonic Bionics was founded by Ashish Deshpande, Youngmok Yun in 2016.
Who are Harmonic Bionics's investors?
Harmonic Bionics's investors include Big Basin Capital, SWAN Impact Network.
How much funding has Harmonic Bionics raised?
Harmonic Bionics has disclosed $10.4M raised across 2 rounds.
Who acquired Harmonic Bionics?
Harmonic Bionics was acquired by Bioness.
Where is Harmonic Bionics headquartered?
Harmonic Bionics is headquartered in Austin, US.