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German Bionic
About
German Bionic develops smart exoskeleton technology that people can wear to augment their physical abilities.
- Augsburg,Bayern,Germany
- 51 - 100
- https://www.germanbionic.com
Details
- Last Funding Type
- Debt Financing
- Last Funding Money Raised
- €15M
- Industries
- Artificial Intelligence,Industrial Automation,Public Safety,Robotics,Wearables
- Founded date
- Jan 1, 2017
- Number Of Employee
- 51 - 100
- Operating Status
- Active
- Legal Name
- German Bionic Systems GmbH
- Also Known As
- GBS German Bionic Systems
German Bionic is backed by renowned international technology investors such as Samsung Catalyst Fund, Storm Ventures, and MIG, which is also invested in Covid-19 vaccine developer BioNTech. The company and its products are regularly featured in top-tier publications and are the recipients of numerous awards including the German Entrepreneur Award, the Land of Ideas Award, the Automatica Award as well as a nomination for Hannover Messe’s coveted Hermes Award.The German Bionic Cray X is the world’s first connected exoskeleton. Linked to the Smart Factory, it self-learns to reinforce lifting movements and prevent incorrect posture, thus becoming an intelligent link between humans and machines. In doing so, it delivers data that underscores its ability to protect the health of workers, measurably reduce the risk of accidents, and thereby make quantifiable improvements to work processes.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Dec 21, 2022 | Debt Financing | €15M | 1 |
European Investment Bank
|
— | Detail |
| Sep 1, 2022 | Series A | €9M | 1 | — | — | Detail |
| Dec 14, 2020 | Series A | $20M | 5 |
MIG Capital
Samsung Catalyst Fund
|
— | Detail |
| Nov 1, 2018 | Seed | $3.50M | 4 | — | — | Detail |
Investments
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Jul 28, 2022
Sweatcoin
|
Series Unknown | $13M | Apps | — |
|
Apr 19, 2022
Hedge
|
Seed | $3.70M | Blockchain | — |
|
Feb 15, 2022
Dequency
|
Seed | $4.50M | Blockchain | — |
|
Dec 21, 2021
RNDR Token
|
Initial Coin Offering | $30M | Blockchain | — |
|
Oct 26, 2021
Minima
|
Series A | $6.50M | Blockchain | — |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
European Investment Bank
|
Yes | Debt Financing |
|
MIG Capital
|
Yes | Series A |
|
Samsung Catalyst Fund
|
Yes | Series A |
Bayern Kapital
|
— | Series A |
Benhamou Global Ventures
|
— | Series A |
IT-Farm
|
— | Series A |
Storm Ventures
|
— | Series A |
Atlantic Labs
|
— | Seed |
Michael Halbherr
|
— | Seed |
Stan Shih
|
— | Seed |
Employee Profiles
