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Late last year, German Bionic announced a $20 million Series A round led — in part — by Samsung Catalyst Fund. It was a curious alliance, given that Samsung has shown off its own robotic exoskeleton technology. I took Samsung’s Gait Enhancing and Motivation System out for a spin a few CESes ago — and […]
Share this article Share this article AUGSBURG, Germany, May 10, 2021 /PRNewswire/ -- German Bionic, the world's leading manufacturer of smart power suits, now enables functional updates to be performed "over-the-air", i.e., via wireless remote transmission. Making this possible is the German Bionic OS operating system, which connects the power suits to the cloud. The Augsburg-based robotics company is thus the world's first exoskeleton provider to develop its own operating system to full market maturity, specifically for wearable robots. "We know from our customers and partners in the logist...
Storm Ventures promotes Pascale Diaine and Frederik Groce to partners Storm Ventures, a venture firm that focuses on early-stage B2B enterprise startups, announced this week that it has promoted Pascale Diaine and Frederik Groce to partners at the firm. The two new partners have worked their way up over the last several years. Groce joined Storm in 2016 and has invested in enterprise SaaS startups like Workato, Splashtop, NextRequest and Camino. Diaine joined a year later and has invested in firms like Sendoso, German Bionic, InEvent and Talkdesk. Groce, who is also a founder at BLCK VC and h...
DGAP-News: MIG Fonds invests in German Bionic Systems vom 14.12.2020, 08:45 Uhr Bild: pixabay.com MIG Fonds invests in German Bionic Systems 14.12.2020 / 08:45 MIG Fonds invests in German Bionic Systems German Bionic, a robotics specialist for industrial exoskeletons, raises US $20 million in a Series A round from international VC investors MIG Fonds' 5th new investment in 2020 following wealthpilot, Temedica, Neracare and Innatera Munich, 14 December 2020 MIG AG, a leading German venture capital investor, today announced that its MIG Fonds 8 und 16 has invested in GBS German Bionic System...
Robotics Specialist German Bionic Receives US $20 Million in Series A Financing AUGSBURG, Germany, Dec. 14, 2020 /PRNewswire/ --Â German Bionic, the global market leader for robotic exoskeletons, today announced it has closed US $20 million in Series A financing. The round was led by Samsung Catalyst Fund and MIG AG with participation from Storm Ventures, Benhamou Global Ventures, and IT Farm. The financing round will enable German Bionic to expand its market and technology leadership for connected exoskeletons as well as ramp up development of its unique cloud robotics platform. German Bio...