Psyonic Bionic Hand Net Worth 2024 Update (Before & After Shark Tank)

Psyonic Bionic Hand Net Worth Update (Before & After Shark Tank)

Psyonic Bionic Hand’s net worth is $1 million as of February 2024. In 2022, the company made $1 million in annual sales. They are projecting $2 million in sales for 2024. Psyonic Bionic Hand, an artificial bionic hand, was created by Dr. Aadeel Akhtar in 2015. 

In February 2024, they appeared on season 15 of Shark Tank USA and made a deal with Raymond John, Kevin O’Leary, and Lori Greiner for $1 million for 6% equity. The final valuation was $16 million, down from the founder’s initial estimate of $50 million.

It is still too soon to comment on the boost in sales the company gained following the pitch. However, the show certainly gave more exposure to Dr. Akhtar’s product. Therefore, the company is expecting significant growth in terms of future sales. You can learn more about the product and make purchases via the company website.

Psyonic Bionic Hand Net Worth

Net worth$1 million (2024)
Annual Sales Revenue$2 million (2024)
Lifetime sales$1 million (2024)
InvestorsRaymond John, Kevin O’Leary, and Lori Greiner
Investment$1 million for 6% equity
FounderDr. Aadeel Akhtar

Psyonic Bionic Hand Net Worth Timeline

Net Worth 2024$1 million
Net worth valuation in 2024 after appearing on Shark Tank  $16 million
Net worth valuation in 2024 before appearing on Shark Tank  $50 million

Psyonic Bionic Hand Pitch on Shark Tank

ProductAn artificial bionic hand
EpisodeSeason 15 Episode 15
FounderDr. Aadeel Akhtar
Asked for$1 million for 2% equity
Company namePsyonic Bionic Hand
Final deal$1 million for 6% equity
SharksRaymond John, Kevin O’Leary, and Lori Greiner
LocationSan Diego, California

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Psyonic Bionic Hand Founder

Dr. Aadeel Akhtar founded Psyonic Bionic Hand in 2015. Dr. Akhtar completed his Doctor of Philosophy (Ph.D.) in neuroscience from the University of Illinois Urbana-Champaign. He has worked as an adjunct professor, research fellow, and research technician at various academic institutes. Psyonic Bionic Hand’s founder, Dr. Aadeel Akhtar’s net worth is unknown as of 2024.

Key accomplishments

2015Cozad New Venture Competition, winner of Samsung Research Innovation Prize, and Best University Funded Startup. 
2016Nominee of Forbes 30 under 30 in Healthcare. Winner of Illinois Innovation Prize.
2018Winner of NSF phase 1 SBIR grant. 
2020Winner of NSF phase 2 SBIR grant. 
2024The company was featured on Shark Tank and secured a deal.


From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Psyonic Bionic Hand and its continued success.

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