upLYFT Raises £500,000 Seed Funding from Deepbridge Capital and TIME Interconnect to Scale Mobility and Wearable Tech Solutions
upLYFT has secured a significant funding infusion to advance the commercialisation of its assistive-transfer and smart-wearable technologies for mobility-limited individuals. The UK-based health-tech innovator announced a fresh seed investment of £500,000 from Deepbridge Capital and TIME Interconnect (HK) Limited, a strategic hardware manufacturing and global distribution partner.
Founded in London with a mission to improve independent living for people facing age-related or mobility-related musculoskeletal challenges, upLYFT develops wearable systems in the smart health and med-tech space, as well as a self-transfer device for use at home and in care settings. The funding will enable upLYFT to accelerate product development, expand its team, and scale operations across healthcare and sports sectors.
The investment reflects upLYFT’s ambition to make its smart wearables and assistive transfer products commercially available at scale. The wearable device category is positioned to address ageing-population trends and mobility impairment, while the self-transfer system aims to reduce caregiver burden and injury risk for care workers. The involvement of TIME Interconnect brings manufacturing and distribution scale to support upLYFT’s expansion.
In an earlier phase of its business, upLYFT had already raised early capital via crowdfunding and angel funds. The company previously closed a convertible-note round on the Wefunder platform in late 2020, with a valuation cap of US $6.6 million. That early raise enabled the company to begin manufacturing and serve pre-orders across the U.S. and Canada. The current seed round builds on that groundwork.
upLYFT’s devices are designed around two key value propositions: enabling users with limited mobility to self-transfer between bed and wheelchair independently, and equipping users (or care workers) with smart wearable systems to assist with muscle and bone stimulation, balance, and movement support. The company sees growing demand in both home-care and institutional care markets.
The latest funding will help upLYFT deliver on several strategic priorities: ramp up manufacturing, expand the product development roadmap (including wearable iterations), grow its workforce across engineering, operations, and sales functions, and scale commercial channels via partners and distribution networks. The strategic backing by Deepbridge Capital and TIME Interconnect signals confidence from investors with experience in deep-tech and global hardware fulfilment.
Industry observers note that the larger market for mobility and assistive technologies is ripe for disruption. With demographic shifts driving growth in ageing-at-home, rehabilitation, and musculoskeletal care, companies like upLYFT aim to capture unmet demand for solutions that empower users and relieve the burden on healthcare systems. upLYFT’s dual focus on consumer wearables and institutional transfer devices positions it across multiple segments of the care ecosystem.
upLYFT’s leadership highlights that the business is already attracting pre-order demand and waiting lists for its transfer system, and the new capital will help convert those orders into shipped units. By scaling both manufacturing and go-to-market infrastructure, upLYFT expects to accelerate its trajectory toward commercial adoption.
Looking ahead, upLYFT aims to broaden its product portfolio, deepen partnerships across healthcare providers and distribution networks, and expand internationally beyond the UK. The company intends to leverage its latest funding round to move from prototype and early-deployment phases to mass manufacture and revenue growth.
upLYFT’s £500,000 seed funding from Deepbridge Capital and TIME Interconnect (HK) Limited marks a key milestone in its journey to scale assistive and wearable mobility technologies. The fresh capital, paired with the company’s existing product development and early market traction, positions upLYFT to advance into commercialisation and growth at a critical moment in the mobility-technology market.
