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Russian manufacturer of prostheses received 300 million rubles for development
The Russian developer of high-tech prostheses Motorika received 300 million rubles for development in the Far East. The Far Eastern Fund for High Technologies invested 200 million rubles, another 100 million rubles were invested by the Russian Direct Investment Fund as part of the second tranche of investments in Motorika.
According to the press service of the Far East Telecom, the total investment of both funds in Motorika amounted to 400 million rubles. Motorica manufactures high-tech hand prostheses and rehabilitation systems using artificial intelligence technologies, virtual reality and the Internet of things. Thanks to financial investments, the company will continue to develop both in Russia, in particular in the Far East, and in international markets.
The funds will be spent on further development and improvement of upper limb prostheses, development of the Attilan telerehabilitation platform and developments in the field of invasive technologies, production scaling, as well as the development of a service network.
The export focus of Motorica will be aimed at expanding its presence in India, the Asia-Pacific countries, the Middle East and the European Union. The company will continue to invest in product certification for overseas sales.
As First Deputy General Director of RDIF Anatoly Braverman noted, the investments will help transform a promising Russian company into a global leader in the field of prosthetics, Motorika will continue to promote the Russian product abroad, helping thousands of people around the world.
According to Ruslan Sarkisov, General Director of DFVT, with the help of investments, the company will be able to significantly advance in the development of modern solutions in the field of prosthetics and rehabilitation using artificial intelligence and virtual reality technologies. The company is developing a product that will help the owner of the prosthesis to obtain information about the properties of the object to which he touches.
In the Far East, Motorica is planning to open an R&D office and a research center in cooperation with the Medical Center of the Far Eastern Federal University.
The Far Eastern Fund for High Technologies was created in 2018 on behalf of the President of the Russian Federation Vladimir Putin and the Plenipotentiary Representative of the President in the Far Eastern Federal District Yuri Trutnev with the aim of developing high-tech business in the Far East.