Phantom Neuro Secures $19M to Advance Neural Interface Technology

Apr 15, 2025
Phantom Neuro has raised $19 million in a Series A funding round led by Ottobock to enhance its neural interface technology for prosthetics and robotics.

Phantom Neuro has secured $19 million in a Series A funding round led by Ottobock, as announced in a press release. This investment aims to accelerate the clinical trials and commercialization of Phantom X, a robotic control platform designed to improve the functionality of prosthetic limbs and assistive devices.

The funding round also saw participation from existing investors such as Breakout Ventures and Draper Associates, along with new investors including Actual VC and METIS Innovative. This brings Phantom Neuro's total funding to $28 million, supporting preclinical testing, regulatory submissions, and expanded research and development.

Ottobock's involvement includes joining Phantom Neuro's Board of Directors, providing expertise in global prosthetics and exoskeleton markets. The collaboration is expected to expedite the market introduction of Phantom X, which has already received Breakthrough Device Designation and TAP Designation from the FDA, validating its potential to enhance patient outcomes.

We hope you enjoyed this article

Consider subscribing to one of our newsletters like Robotics Brief, AI Funding Brief or Daily AI Brief.

Also, consider following us on social media:

AI & Robotics AI Funding News AI Brief AI Brief (X)
Free newsletter

Robotics Brief

Weekly coverage of AI-driven robotics advances in industrial automation, autonomous vehicles, and robotic systems.

AI Token Webinar

Industry analysis

2025 Global Business Services Agenda: Gen AI Takes Center Stage

The Hackett Group

This industry analysis by The Hackett Group explores the transformative impact of generative artificial intelligence (Gen AI) on global business services (GBS) in 2025. The study highlights the shift from exploration to acceleration of Gen AI initiatives, with 89% of executives advancing these projects to improve customer satisfaction, innovate products, and reduce costs. The report also discusses the challenges and strategies for successful Gen AI adoption, emphasizing the need for a technology-enabled operating model and the importance of reskilling the workforce.

Read more

You may also like

Free, six days a week

Daily AI Brief: the AI news that matters, in your inbox.