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Ryan Saavedra, CEO & Founder, Alt-Bionics, Inc.

Austin Technology Incubator Portfolio Company Alt-Bionics Officially Closes its Second Round of Financing

The Austin Technology Incubator at The University of Texas at Austin is pleased to announce that portfolio company Alt-Bionics has officially closed on its second round of financing after raising a total of $650,000. This brings the total investment in Alt-Bionics since its inception
in May 2020, to $923,000. This milestone is a testament to the hard work, dedication, and passion of the Alt-Bionics team.

CEO Ryan
Saavedra said, “To our investors who believe in our mission and support our vision to build a brighter, more accessible future, we thank you. We promise to you, and to everyone else, to continue working tirelessly towards this goal and to remain true to Alt-Bionics’ mission.”

ATI is proud to support the continued growth and success of Alt-Bionics.