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Robot maker · early

Alt-Bionics

Corporate marketwearablesCurated record
altbionics.com

Myoelectric prosthetic hand with 6 degrees of freedom; EMG muscle-signal pattern recognition controls individual finger movements; Genesis Hand targets upper-limb amputees with PDAC-coded insurance reimbursement; Surge Hand targets humanoid robot OEM integrators as a dexterous end-effector platform; actuation via miniaturized electric motors, no AI inference beyond myoelectric decoding

HeadquartersSan Antonio, US
Founded2020
Corporate funding$2M
Team1-10
Deployments0
Open roles0
01

Company overview

Identity and operating footprint

Company typeRobot maker
Market segmentCorporate
StageSeed
FoundersRyan Saavedra (CEO & Founder)
Regions servedNorth America
Countries deployedUS
Service footprintHQ San Antonio TX; Genesis Hand sold in US prosthetics market following PDAC L6880 reimbursement approval; Surge Hand targeting humanoid robot OEM market globally; ATI portfolio company
Last reviewed2026-07-05
MX

Robot models

Specifications remain vendor-claimed

Machinewearables

Genesis Hand

  • 6-DoF myoelectric prosthetic hand; PDAC reimbursement code L6880 approved November 2024; list price approximately $5,000

    vendor-stated degrees of freedom, US Medicare/insurance reimbursement code eligibility, and approximate retail price point

    Claim source
Machinewearables

Surge Hand

  • Dexterous robotic hand end-effector for humanoid robot OEM integration

    vendor-stated primary application of the Surge Hand product line (humanoid robot integrators)

    Claim source
CA

Funding history

Publicly announced rounds

Investors on recordCapital FactoryAustin Technology IncubatorAlamo AngelsCity of San Antonio (SAMMI Fund)VelocityTX
TL

Company timeline

Milestones and announcements

2024-11-01Genesis Hand receives PDAC reimbursement code L6880 approval, enabling US Medicare and private-insurance billing for amputee patientsAlt-Bionics
2024-06-01Closed $1.25M Seed+ round to scale production and expand team for prosthetic and humanoid-robotics marketsAustin Technology Incubator
2023-08-01Closed $650K seed round; officially entered Austin Technology Incubator (ATI) portfolioAustin Technology Incubator
2021-08-01Closed $215K pre-seed round including $25K from Alamo Angels and investment from Capital FactoryStartups San Antonio
2020-05-01Company founded by Ryan Saavedra following UTSA biomedical engineering graduate work; first prototype tested by Army Ranger Ryan DavisUTSA Alumni
SC

Source ledger

5 unique public sources

01
Genesis Hand product pageAlt-Bionics · retrieved 2026-07-05
02
Alt-Bionics: ATI PortfolioAustin Technology Incubator · retrieved 2026-07-05
03
Austin Technology Incubator Portfolio Company Alt-Bionics Officially Closes its Second Round of FinancingAustin Technology Incubator · retrieved 2026-07-05
04
Robotic Prosthetics Startup Alt-Bionics Raises $283K Seed FundingStartups San Antonio · retrieved 2026-07-05
05
Alamo Angels Invests in UTSA Grad's Affordable Prosthetic Startup Alt-BionicsUTSA Alumni · retrieved 2026-07-05