Discover Mind Innovations

New era in robotic arms from United Arab Emirates
Patented
Mind Innovation
aims to transform lives by making high-quality, affordable prosthetics globally accessible. We believe everyone deserves access to technologies that improve quality of life. Our high-powered robotic limbs transform disabilities into new capabilities. Powered by AI gives users greater freedom and independence.
200+ hands installed
82 Clinics were trained to use our prostheses.
Our mission is not to create prostheses – our goal is to give people back the feeling of a whole body.
Why Now?
AI:
Embedding AI in elbow prosthetics is a gateway to a burgeoning market, projected at $15.04bn in 2023 for AI robotics alone. Our cutting-edge technology not only taps into this lucrative market but profoundly impacts lives. By easing daily challenges for prosthetic wearers through AI, we're at the cusp of a healthcare revolution, beckoning a future of boundless possibilities and substantial investor returns.
Increased Knowledge:
Thanks to leaders like OttoBock, prosthesis specialists worldwide can assemble modern prosthetics, raising patient awareness and facilitating market expansion.
Market Limitations:
With major players like OttoBock and Ossur acquiring companies such as Bebionic and TouchBionic, the global market offers a limited range of 2-3 product types.
Rehabilitation Accessibility:
As attitudes towards disabilities evolve in developed and developing countries alike, more people can afford expensive prosthetics valued over $15,000.
Cost Reduction:
The widespread use of high-precision CNC equipment has significantly reduced the production cost of metal and plastic components.
Shift in Perception:
Amputees are changing their relationship with prosthetics, moving from hiding their injuries to openly displaying their prosthesis as part of their identity.

Team

HH Sheikh Nasser Rashed Ahmed Almualla
Co-founder
Investment Manager
15+
years in Automotive industry. C-level at Mercedes-Benz distribution network. Mercedes-Benz Special Trucks dealership. Partner at Tesla unofficial dealerships and EV ervice stations in Eastern Europe
Dimitri Sergeev
Co-founder
25+
years in the IT. Expert in complex software-hardware systems, SAS solutions, mobile app devs, and AR/VR/MR techs with a deep-rooted foundation in Ml and AI. Notable collaborations incl. Deutsche Bahn, Sony Pictures, Dream Works, Lucas Films, WPP Group, and more
Milushkov Oleg
Co-founder
20+
years of experience in media & technology, real estate, and factory development.
Senator JCI,  Effort Management Group (EMG) Open Space, OSNOVA Group (Company), Health Park (HP). Hundreds of realized projects with overall valuations over 10B.
Artsem Kahan
Co-founder
15+
years in deep-tech projects, bionic prostheses, zero-emission vehicles. Professional with global network of contacts in the automotive industry, robotics, e-mobility.
Core team has a profound knowledge and experience in the industrial design and engineering, software & hardware development, gamedev and AI.
Our expertise allows us to design a concept that is emprowered in terms of product industrialization and subsequent mass production.

Technical core
team

Yuri Mitrakhovich
Chief Technical Directo
15+
years strong hands-on product development and manufacturing experience, development of medical and consumer equipment, prototyping, small batches
International competitions winner: Reddot Award 2021; CES 2018 with Neurocha
Alex Dikusar
Embedded Software & Hardware
15+
years of software dev for embedded systems, microcontrollers, in-circuit interfaces, data exchange, control algorithms.
10+
years dev of digital electronics using modern software systems and element base.
10+
projects reached serial production.
Alex Gubanov
Chief Industrial Designer
15+
years in prototyping. Additive technologies, thermosets, composite production, CNC processing, vacuum forming and infusion, three-dimensional scanning. Computer design and modeling, reverse engineering, design and technological adaptation.
10+
projects under author's supervision brought to a small series. Creating own products for the prosthetics market.
Nik Voitenko
Industrial Design Advisory
10+
years in industrial design. Designed original first generation of 6 axis industrial robot arm for company. Expert in design of bionic prostheses and drones incl. industrial grade system (contains autonomous robotic flying platform and landing station capable of uninterrupted industrial all-weather operations).
Red Dot Award: Product Design 2021 Best of the Best

Current Product

Bionic Hand, engineered for active individuals, our bionic hand combines high power with artificial intelligence to intuitively perform complex tasks.
Unrivaled Grip Strength:
Our proprietary actuator design produces industry-leading grip force for lifting and manipulating objects
Rapid Response Time:
Advanced mechanics allow finger opening /closing in just 0.9-1.5 seconds.
Intuitive Gripping:
Distinct mechanical design enables passive grip without battery power for both active and intuitive use.
Modular Design:
Our universal connector seamlessly integrates with third-party bionic components
Noise Reduction:
Intelligent filtering dramatically reduces EMG electrode noise for more accurate responses.
Rugged Construction:
IP54 rating provides dust protection and water resistance for maximum durability
AI-Assisted Control:
Our AI algorithm analyzes gestures and suggests optimal grips based on user patterns.

Features

Electric adjusting the thumb position:
Moving thumb
No need to adjust the finger manually
13 mm motors:
High grip force
Instant command response
Black mirror touchpad:
Switching between grip/gesture
Switching to the next grip/gesture
QD Wrist:
Passive rotationAbility to detach the wrist
Multi-component structure:
Human finger simulation
Passive grip safe mechanism
Improved grip system
IP54 protection:
Rain protection
Dust protection
Low temperature protection
Titanium rods with 3D technology:
Structural strengthening
Wear resistance
Display system:
Charge level indication
Lock mode indication

AI-Driven Next-Gen Bionic Hands

Key
Features
Proprietary Software:
Developed to offer unprecedented customization of the bionic hand, introducing capabilities never seen before
AI-Optimized Microprocessor:
At the core of our hand module, enabling seamless AI integration, efficiently reduces noise from EMG electrodes and accurately responds to nerve signals.
Grip Generation through AI:
Human finger simulation
PassivOur software, powered by a custom microprocessor, predicts the user’s intended grip based on memorized patterns, enhancing the prosthetic's intuitive functionality.e grip safe mechanism
Improved grip system
High-Powered Bionic Hand:
Built for active lifestyles, it navigates through complex tasks effortlessly.
In Development
Mobile App:
We are crafting an app to allow easy adjustments of settings through users’ smartphones, bringing convenience to their fingertips

Planned Digital/AI Features

Features Target
Techstacks
Software Solutions and Frameworks
Self-learning
AI, deep learning algorithms
Reinforcement learning, TensorFlow/Keras, Azure Machine Learning, Google Cloud AI Platform. LLMs Falcon (TII), GPT (OpenAI), Claude (Anthropic), Meta
Tactile Feedback
Vibration, thermal sensors
Use of AI for sensor data interpretation. Support vector methods and clustering algorithms.d device
Integration with Other Devices
Bluetooth, NFC
Reinforcement learning, TensorFlow/Keras, Azure Machine Learning, Google Cloud AI Platform. LLMs Falcon (TII), GPT (OpenAI), Claude (Anthropic), Meta
Self-diagnostics and Maintenance
Warning system, remote software update
Predictive analytics based on AI
Reversal Sensory Feedback
Electrodes
Technologies for conveying skin sensations and touch
Adaptive Object Grasping
Tactile Sensors
CNN for determining object shape and texture
Balancing the Weight of Objects
-
Algorithms for compensating for the grip of heavy objects (TensorFlow Lite, PyTorch)
Prosthesis Training and Adaptation
-
AI for adapting to individual user characteristics
Gesture Recognition
EMG, inertial sensors
RNN, LSTM for precise intention determination
Processing Data from Tactile Sensors
-
CNN for determining object shape and texture
Computer Vision
-
Ultra-precise networks for object recognition and tracking (Meta DINOv2, Azure Cognitive Services, AWS SageMaker, Rekognition, Azure Machine Learning, Google Cloud Vision API)
Motion Modeling
-
Deep learning for determining optimal motion trajectories
Reinforced Learning
-
Reinforcement learning for improving object grip
Generative Adversarial Networks
-
GAN for simulating realistic data for training
Transfer Learning
-
Algorithms for adapting models to a specific user (software personal settings)
Cloud Services
-
Storing settings and cloud synchronization of the application an
2024-2025
Current
Product

IoT Innovation
areas:

  • Wireless chargeable implants
  • Smart Wireless Physiological Sensors
  • Athletic monitoring sensors
  • Biometric identification sensors
  • Remote health monitoring networks
  • Medical Imaging Informatics
  • Sensor assisted surgical care
2024-2025

Customized cosmetic prostheses with stiff joints

Key
Features
  • Unique geometry that completely replicates the anatomical features of a particular person based on the analysis of the second functioning hand.
  • The ability to give a natural position to the elements of the hand due to a unique design that includes 17 tight-moving joints: 15 in the hand itself, 1 in the forearm and 1 in the wrist
  • Additional freedom due to the stiff joint in the elbow itself, as well as rotation in the shoulder area
Current
Product

CUSTOMIZED COSMETIC PROSTHETIC

is a lightweight alternative to a bionic prosthesis,made in a technological style, has significantly less weight and low cost.

At the same time, stiff joints allow you to fix your fingers in the desired position and perform up to 75% of the functionality of the bionic prosthesis.

Action plan

There are several potential exit options for Investors:
Sale to a strategic investor: company will be a highly lucrative asset for any global medical devices company to expand its product portfolio. Potential strategic buyers are Philips, Siemens Healthineers, GE Healthcare, Medtronic, Johnson & Johnson, Abbott, Steeper, Ottobock.
IPO, private placement or sale of a share to Private Equity Fund or Pension Fund (such as EIB, Swedish National Pension Fund, EQT, etc.)
2023
2024
2025
Q4
Q1
Q1
Q2
Q3
Q4
Incorporation of
Mind Innovation LLC
Abu Dhabi, UAE

Trading licence
Obtain

First trading
contract
$5M USD
UAE R&D
Center
Official Opening
Manufacturing Company Launch

First
World wide
patents
Pending
Start of
deliveries

Brand New
Flagship
product
presentation

AI 2nd generation
Presentation
Second
trade
contract $20M

Government
Grants
$25
Start of the
certification for
the EU, UK
Annual revenue
$7, 5M
Company valuation
$75M
Mena market share
$20%
Global market share
0.9%

Action plan

2025
2026
2027
Q2
Q3
Q1
Q4
Q1
Q2
Q3
Q4
Small Series Assembling
Line Official
Opening

A Round
$50M
Worldwide
expansion

First EU/UK
distributors
signed. Start of
deliveries

USA / NAFTA
Certification
Launch

South-East Asia Certification Launch
New line of
AI powered
Robotics Arm
Presentation
USA Company launch.

Distributors signed. Start of deliveries

South-East Asia
Distributors signed. Start of deliveries

UAE Factory
official Opening
B Round
$150M

Marketing contracts Nike, Apple

Talent & Technology Acquisition
Unit
Independent business units

R&D of industrial robots, robots for space missions

Preparing to IPO
US Factory
Official Opening

Contracts with NASA, Tesla,  Space X
IPO of
The prostheses manufacturer
or Acquisition by one of the majors
– Ottobock, Steeper
$110M
$25M
$250M
$250M
65%
50%
12%
3.0%
Targets in prostheses

Business model

Modular system and accordance to the common standarts allow to sell b2b/b2c not only complete products, but also variety of components compatible with products made by other prosthesis brands (Ottobock, Steeper). These components will be good alternatives on the emergency markets

The main customers are prosthetic clinics and distributors worldwide.

Software subscriptions for professionals and end-users enable application functionality including AR/VR options for in-clninic or home rehabilitation and user training programs.
There are several potential exit options:
  • IPO
  • Sale to a strategic investor: company will be a highly lucrative asset for any global medical devices company to expand its product portfolio. Potential strategic buyers are Philips, Siemens Healthineers, GE Healthcare, Medtronic, Johnson & Johnson, Abbott, Steeper, Ottobock.
  • Private placement or sale of a share to Private Equity Fund or Pension Fund (such as EIB, Swedish National Pension Fund, EQT, etc.)
Profit distribution between segments by 2027:
Main targets by the 2027:
> 50%
gulf countries
market share
> 10%
global market
share
$1B
company
valuation

Customers Testimonials

En
Ar
En
Ar
© 2023 Mind Innovation Technology LLC.
PressLegal
Industrial License Nr. IN-2006058
License Status Industrial Leader
Abu Dhadi, UAE +971 58 570 8370