German Bionic System

Augsburg, Germany Founded: 2016 • Age: 10 yrs
Exoskeleton systems for industrial worker augmentation are provided.
Annual revenue - Latest available
Total funding $39.8M 4 rounds
Employees - Tracked headcount
Investors 13 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

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
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  • Phone
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  • Website
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  • Social
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Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • 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
    Not available
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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm investing in AI and cross-border enterprise startups from Silicon Valley.
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High-tech industries are targeted for investments by Bayern Kapital.
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Early-stage tech investments are directed toward Asia and the US.
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Investor details for German Bionic System

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Investments & Acquisitions by German Bionic System

Investments
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Investment portfolio details for German Bionic System

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Financial Statements - German Bionic System

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Detailed financials for German Bionic System

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German Bionic System Comparisons

German Bionic System Primary company
Description
Exoskeleton systems for industrial worker augmentation are p...
Location
Augsburg, Germany
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for German Bionic System

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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.

Company Name Domain Founded year HQ Location Description
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Rehabilitation robotics development and redefining services are provided.
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Lightweight exoskeletons are developed to assist walking for mobility-impaired users.
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Manufacturer of back-assist exosuit
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Wearable robotic exoskeletons are supplied for material handling tasks.
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Exoskeleton robots are developed by Xeno Dynamics for multi-industry applications.
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Detailed competitors of German Bionic System

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Latest news on German Bionic System

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Complete news archive for German Bionic System

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Frequently Asked Questions about German Bionic System

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

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

German Bionic System is a funded company, having raised a total of $39.8M across 4 funding rounds to date.

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.

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

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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