Bespoke Innovations, San Francisco, California, recently completed a private placement, raising $1.575 million in venture capital. This is the company’s third private placement, all of which took place this year, and brings the total capital raised to approximately $3 million.
Bespoke Innovations is a collaborative effort between industrial designer Scott Summit and orthopedic surgeon Ken Trauner, MD. The company uses 3D printing technology to customize prosthetic limb “fairings,” or casings, out of embroidered leather, chrome, or whatever other flexible material the wearer requests. According to an article in The New York Times, Summit and Trauner “will sell the limb coverings and experiment with printing entire customized limbs that could cost a tenth of comparable artificial limbs made using traditional methods.”