About SuitX
SuitX is a company based in Berkeley (United States) founded in 2012 was acquired by Otto Bock in November 2021. SuitX has raised $5.13 million across 4 funding rounds from investors including Otto Bock, Wistron and National Science Foundation. SuitX operates in a competitive market with competitors including Ekso Bionics, Myomo, Wandercraft, BioLiberty and Trexo Robotics, among others.
- Headquarter Berkeley, United States
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HealthcareTechnology
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Funding Insights of SuitX
SuitX has successfully raised a total of $5.13M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $5.13 million completed in May 2021. 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 SuitX
SuitX has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Otto Bock, Wistron and National Science Foundation.
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Communication technology products and services are provided globally by Wistron.
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A government-backed foundation providing seed-stage investments to support small businesses.
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Prosthetic and orthotic devices are developed for individuals with disabilities.
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Investor details for SuitX
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Investments & Acquisitions by SuitX
Investment portfolio details for SuitX
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Financial Statements - SuitX
Detailed financials for SuitX
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Suitx Comparisons
Peer comparison for SuitX
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Competitors of SuitX
SuitX 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 Ekso Bionics, Myomo, Wandercraft, BioLiberty and Trexo Robotics, among others.
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Exoskeletons for medical rehabilitation and industrial productivity are provided.
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Robotic arms are provided for mobility and rehabilitation support.
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Exoskeleton devices are provided for rehabilitation patients' mobility.
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Provides robotic assistance gloves for managing hand weakness.
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Battery-operated exoskeletons for children with disabilities are developed.
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Detailed competitors of SuitX
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Latest news on Suitx
Complete news archive for SuitX
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Frequently Asked Questions about SuitX
SuitX was founded in 2012 and raised its 1st funding round 1 year after it was founded.
SuitX is headquartered in Berkeley, United States. It is registered at Berkeley, California, United States.
SuitX is a funded company, having raised a total of $5.13M across 4 funding rounds to date.
SuitX was founded in 2012 in Berkeley, United States, by the founder of Ekso Bionics, and operates as a division of US Bionics in the medical robotics sector. Exoskeletons like the Phoenix model are produced to support individuals with lower limb paralysis or mobility disorders in walking. The device weighs 27 pounds and is priced at 40,000, positioning it among the more affordable options in rehabilitation technology.
SuitX's top competitors include Myomo, Ekso Bionics and Wandercraft.
SuitX has 3 investors. Key investors include Otto Bock, Wistron, and National Science Foundation.