German Bionic System

Augsburg, Germany Founded: 2016 • Age: 10 yrs
Exoskeleton systems for industrial worker augmentation are provided.
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About German Bionic System

German Bionic System is a company based in Augsburg (Germany) founded in 2016.. German Bionic System has raised $39.8 million across 4 funding rounds from investors including European Investment Bank, Mubea and Benhamou Global Ventures. German Bionic System operates in a competitive market with competitors including Fourier Intelligence, SuitX, HeroWear, Agadexo Exoskeleton and Xeno Dynamics, among others.

  • Headquarter Augsburg, Germany
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $39.8 M (USD)

    in 4 rounds

  • Latest Funding Round
    $16.3 M (USD), Series A

    Dec 11, 2023

  • Investors
  • Employee Count
    Employee Count
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People of German Bionic System
Headcount 50-200
Employee Profiles 23
Board Members and Advisors 1
Employee Profiles
People
Peter Heiligensetzer
CTO and Co-Founder
People
Armin G. Schmidt
CEO and Co-Founder
People
Nicholas Barclay-Steuart
Chief Financial Officer
People
Andrew Mason
Analyst

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Board Members and Advisors
people
Michael Halbherr
Chairman and Co-Founder

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Funding Insights of German Bionic System

German Bionic System has successfully raised a total of $39.8M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $16.3 million completed in December 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Series A — $16.3M
  • First Round

    (01 Jun 2018)

  • Investors Count 13
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2023 Amount Series A - German Bionic System Valuation Mubea
Dec, 2022 Amount Debt – Venture - German Bionic System Valuation

investors

Dec, 2020 Amount Series A - German Bionic System Valuation Samsung Catalyst Fund , MIG Fonds 16
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in German Bionic System

German Bionic System has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include European Investment Bank, Mubea and Benhamou Global Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm investing in AI and cross-border enterprise startups from Silicon Valley.
Founded Year Domain Location
High-tech industries are targeted for investments by Bayern Kapital.
Founded Year Domain Location
Early-stage tech investments are directed toward Asia and the US.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by German Bionic System

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - German Bionic System

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

German Bionic System Comparisons

Employees
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Competitors of German Bionic System

German Bionic System operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fourier Intelligence, SuitX, HeroWear, Agadexo Exoskeleton and Xeno Dynamics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Rehabilitation robotics development and redefining services are provided.
domain founded_year HQ Location
Lightweight exoskeletons are developed to assist walking for mobility-impaired users.
domain founded_year HQ Location
Manufacturer of back-assist exosuit
domain founded_year HQ Location
Wearable robotic exoskeletons are supplied for material handling tasks.
domain founded_year HQ Location
Exoskeleton robots are developed by Xeno Dynamics for multi-industry applications.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on German Bionic System

Frequently Asked Questions about German Bionic System

When was German Bionic System founded?

German Bionic System was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Where is German Bionic System located?

German Bionic System is headquartered in Augsburg, Germany. It is registered at Augsburg, Bavaria, Germany.

Is German Bionic System a funded company?

German Bionic System is a funded company, having raised a total of $39.8M across 4 funding rounds to date. The company's 1st funding round was a Series A of $20M, raised on Jun 01, 2018.

What does German Bionic System do?

German Bionic System was founded in 2016 and is based in Augsburg, Germany. Exoskeleton technology for augmenting industrial workers is developed and supplied. The Cray system is focused on reducing lower back compression during manual handling of goods and tools. Operations rely on an open-source cloud platform that supports machine learning and AI features.

Who are the top competitors of German Bionic System?

German Bionic System's top competitors include SuitX, HeroWear and Fourier Intelligence.

Who are German Bionic System's investors?

German Bionic System has 13 investors. Key investors include European Investment Bank, Mubea, Benhamou Global Ventures, Bayern Kapital, and IT-Farm Corporation.

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