Augmented Bionics
Augmented Bionics is a medical device provides a non-surgical alternative stimulates the hearing nerve of patients.
Backed by
Raised 0.65M EQUITY on September 23, 2020
About
Augmented Bionics develops a non-invasive, headphone-like bionic ear that stimulates the auditory nerve with external magnetic fields for severe-to-profound hearing loss, fitted by audiologists and undergoing proof-of-concept human research.
Mission
Augmented Bionics is an Australian startup building a non-invasive bionic ear worn like headphones that aims to activate the auditory nerve through external magnetic waves. The device is fitted by a hearing audiologist and seeks to enable users with severe to profound hearing loss to comprehend speech and hear environmental sounds without surgery. The team demonstrated prototype effectiveness and has received ethical clearance to begin proof-of-concept human research using commercially available magnetic stimulation devices. The company joined the MedTech Actuator program in 2018 and credits the accelerator with support in medical device commercialisation and investor access. Its leadership includes CEO Viraj Agnihotri and cofounders Mahanthesh Chandra and Nicholas Jabbour. The startup says its approach aims to offer a safer, more affordable, and accessible alternative to costly surgical options.
Quick Facts
Founded
2011
Funding
EQUITY
Industry
Medical Device
Headquarters
Brisbane, Queensland, Australia
Careers
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