Posted August 3, 2020
USM Maryland Momentum Fund Invests $250K in NextStep Robotics
NextStep Robotics is developing a therapeutic device as the first proven treatment to help patients overcome foot drop and gait abnormalities resulting from stroke.
BALTIMORE, MD. (August 3, 2020) – NextStep Robotics, Inc., an early-stage med-tech company combining proprietary artificial intelligence (AI) software and a wearable device to address foot drop rehabilitation therapy, received a $250K investment from the University System of Maryland (USM) Momentum Fund as part of a $500K bridge round that included the Abell Foundation and University of Maryland Global Campus (UMGC; formerly UMUC). The Maryland Momentum Fund previously invested $250K in NextStep Robotics in early 2018.
Read the full release from the University System of Maryland.