There are people around the world who suffer hardship associated with limb loss, and many of them live in impoverished areas with little to no access to prosthetic care. Xtremity started its journey with the desire to develop a prosthetic socket that could be fabricated in remote locations with less equipment and expertise, and it succeeded, managing to create a product to transform care for those living with limb loss. Now, Xtremity plans to use the $8.1 million in new funding to bring its prosthetic technology to market.
Xtremity, a premium medical device brand that develops advanced prosthetic socket technology, today announced closing of a Series B3 financing round, totaling $8.1 million with strong insider participation and the addition of several prominent new investors. The cash infusion will support establishing Xtremity as a leading developer and provider of advanced prosthetic technologies by bringing its first product, an innovative transtibial prosthetic socket, the XtremityTT, to market.