San Francisco-based LIM Innovations raised $18 million in a round of funding to advance its line of custom lower-limb sockets. The investment comes from a group of corporate investors and a European family fund, according to PitchBook. The funding brings the startup’s equity funding to $21 million.
“We are moving wearable tech into a space that makes it much more meaningful, which is disability,” LIM Innovations’ cofounder, Andrew Pedtke, MD, told Pitchbook. “That whole space has historically been ignored from healthcare and exists in a sort of dark corner where there isn’t a lot of awareness.”
