NextStep Robotics Raises $500K in Funding for New Product "AMBLE"
NextStep Robotics, born out of University of Maryland Baltimore and Baltimore Veterans Affairs Motor Performance Laboratory has raised $500K in new funding to help the company progress toward the launch of its wearable device “AMBLE.” “Our plan will first establish AMBLE as the ‘standard of care’ for foot drop, but we see great potential to develop other devices that, combined with our AI software, will be able to address other disabilities,” said CEO Brad Hennessie. According to Technical.ly, the company has received a mix of investment and grant funding, including a cooperative agreement with the National Institute of Health National Institute of Neurological Disorders and Stroke worth up to $5.4M.