Supporting people with limb loss through VRx
MedTech Actuator Accelerator startup Virtetic is developing game-based virtual reality digital therapeutics (VRx) for people living with limb loss.
Driven by a passion to help others live their best lives, Virtetic supports people to transition to life with a prosthesis and regain their function and independence faster.
“Virtetic started in our research lab, where we needed a way to evaluate how people move when learning to use a prosthesis,” says Ricardo Garcia-Rosas, Virtetic Co-founder & CEO.
To solve this need, Virtetic created a virtual reality platform to support their research.
“As we used this platform, with the help of our clinical advisors we discovered great clinical applications for it to support the rehabilitation process of people living with limb loss,” says Ricardo.
Virtetic X MedTech Actuator
Virtetic joined the MedTech Actuator Accelerator in 2021 to build their understanding of medical technology commercialisation and to develop a plan to do this for their technology.
The program’s specialised acceleration model surrounds startups with the ecosystem support they need to bring their MedTech, HealthTech or BioTech innovation to the patients and clinicians who need it most. Through intensive mentorship, industry collaboration, up to AUD$200K initial capital injection and capital raising support, founders can achieve in 12 months what can typically take 3 years or more.
“The MedTech Actuator Accelerator helped us to develop our go-to-market strategy, file a provisional patent application, and sign a collaboration agreement with the largest prosthetics manufacturer,” says Ricardo.
Ricardo says that the MedTech Actuator Accelerator’s network of industry experts has been a great support and recommends the program to those commercialising a medical technology for the first time.
“The MedTech Actuator Accelerator provides you with a framework to develop your strategy – and access to the network to put it to action.”
Join the next MedTech Actuator Accelerator intake.
Do you have a MedTech, HealthTech or BioTech prototype or proof-of-concept to improve or save lives? Get ready to take your innovation further, faster in 2022 with our new MedTech Actuator Accelerator cohort – apply now.
Read more about the program, download the information pack or book office hours with our team to discuss your application.
The MedTech Actuator Accelerator is supported by LaunchVic and the REDI Initiative, powered by MTPConnect.