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

Highlights

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

Number of Funding Rounds

Total Funding Amount

4

€24M $23.50M

German Bionic has raised a total of €24M $23.50M in funding over 2 rounds. Their latest funding was raised on Dec 21, 2022 from a Debt Financing round.

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

Number of Investments

Number of Lead Investments

16

1

German Bionic has made 16 investments. Their most recent investment was on Jul 28, 2022, when Sweatcoin raised $13M.

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

Number of Lead Investors

Number of Investors

3

10

German Bionic is funded by 10 investors. European Investment Bank and MIG Capital are the most recent 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