Alter-G uses anti-gravity tech for physical therapy, raises $8M
Medical device maker Alter-G, has an interesting concept for physical therapy: Anti-gravity. Based in Menlo Park, Calif., it offers a special treadmill, called the G-Trainer, that uses air pressure to give patients the feeling of weightlessness as they are moving. And it just landed $8 million in second-round funding to continue growing its operations and market penetration.
The anti-gravity environment is said to allow patients to extend their range of motion while taking strain off joints… Continue Reading
Alter-G raises $2.5M more for anti-gravity treadmills
Alter-G, a Menlo Park, Calif. company whose first round of funding we reported last year, has taken an equal follow-on amount of $2.5 million to help roll out its “anti-gravity” treadmills for physical therapy.
The device assumes a portion of the patient’s load by use of a pressurized that reduces effective weight. If that sounds odd, further description isn’t likely to help; just check out this video of the machine in action.
The company says it will… Continue Reading
Alter-G raises $2.5M for pressured treadmill, from NASA’s threatened VC arm
Alter-G, a Menlo Park, Ca. company that helps people run on a treadmill with the use of air pressure to reduce their effective weight, has raised $2.5 million in a first round of funding (see VentureWire; sub required).
Red Planet Capital, the venture arm of NASA that has recently come under political pressure, and is likely to be scrapped (quick spend the money while you can!), and buyout firm Hellman & Friedman co-led the round.
The two-year… Continue Reading