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Koalaa Raises $1.2M to Transform Prosthetics

Koalaa pioneers soft modular prosthetics for below-elbow limb differences, offering life-changing solutions
February 19, 2024

Today marks a significant milestone for soft prosthetics innovator, Koalaa, as they announce the successful closure of a $1.2 million funding round. Founded in 2020, Koalaa is dedicated to addressing key challenges faced by the limb difference community worldwide, focusing on accessibility, affordability, and comfort. Their unique approach to prosthetics, crafted from breathable fabric, offers a lightweight and adaptable solution, catering to users of all ages. Let's delve deeper into Koalaa's groundbreaking technology and the impact it's poised to make on a global scale.

Unlike conventional prosthetics, Koalaa's fabric-based prosthetic arms provide a snug fit while offering unparalleled comfort. Designed with user feedback at its core, these prosthetics feature interchangeable tools, enabling users to seamlessly adapt to various tasks and activities. The company's commitment extends beyond product innovation, with dedicated limb buddies offering support to new users every step of the way.

Koalaa's trailblazing efforts have led to the development of the world's first 'early rehab' prosthetic arm, allowing users to regain mobility just hours after surgery. This groundbreaking approach not only accelerates the rehabilitation process but also enhances overall quality of life for individuals undergoing limb-related procedures.

The recent funding round, led by existing investor British Design Fund and supported by the Imperial College Enterprise Fund II (ICEF), signifies a vote of confidence in Koalaa's vision and potential. With plans to bolster product development, expand their global footprint, and collaborate with clinicians and NGOs, Koalaa is poised to make significant strides in increasing access to their life-changing prosthetics.

As Koalaa embarks on its journey fueled by fresh funding, the future looks promising for the limb difference community worldwide. With a relentless focus on user needs, product innovation, and global expansion, Koalaa is well-positioned to redefine the landscape of soft prosthetics and empower individuals to embrace life to the fullest.

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