Startup · Germany
German Bionic
HQ Augsburg, GermanyFounded 201751-200 employeesUpdated
Smart AI exoskeletons that reduce back strain, improve ergonomics, and enhance safety & productivity in logistics and healthcare — developed by German Bionic.
Funding5 rounds · ~$48.6M
- Equity raised
- ~$48.6M
- Debt, secondaries & grants
- ~$15.9M
- Latest
- $16.2MSeries A · Dec 2, 2023
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Dec 2, 2023 | Series A | $16.2M | — | Mubea | — | Reported |
| Dec 21, 2022 | Debt | ~$15.9M | — | European Investment Bank | — | Reported |
| Sep 1, 2022 | Series A | ~$8.9M | — | — | — | Reported |
| Dec 14, 2020 | Series A | $20.0M | — | — | MIG Capital, Samsung Catalyst Fund | Reported |
| 2019 | Seed | $3.5M | — | — | — | Reported |
- Series ALed by Mubea$16.2MDec 2, 2023
- DebtLed by European Investment Bank~$15.9MDec 21, 2022
- Series A~$8.9MSep 1, 2022
- Series A$20.0MDec 14, 2020
- Seed$3.5M2019
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Systems2
Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.
People4
| Person | Role |
|---|---|
| Armin Schmidt · LinkedIn ↗ | CEO, Co-Founder |
| Dirk Pöschl · LinkedIn ↗ | Co-Founder |
| Michael Halbherr · LinkedIn ↗ | Co-Founder and Chairman Board of Directors |
| Peter Heiligensetzer · LinkedIn ↗ | Founder and Advisor |
Sources11
Show all 11 sources and supporting evidence
Profile4
- 1
PitchBook · Supports Organization · founded year, Organization · linkedin url, Organization · x url
“founded_year: 2018”
- 2
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "Germany", "hq_iso2": "DE", "id": "eb74d6e8-97ae-4409-b520-7a2003a3a980"}”
- 3
Supports Organization · founded year
“German Bionic Systems Gmbh is a Private Limited Company and was incorporated on Apr 18,2017 in Germany.”
- 4
Owler · Supports Organization · founded year, Organization · hq city, Organization · linkedin url, Organization · x url
“founded_year: 2018”
Systems1
- 5
German Bionic · Supports Organization · description, Organization · name, Organization · website, System
“Smart AI exoskeletons that reduce back strain, improve ergonomics, and enhance safety & productivity in logistics and healthcare — developed by German Bionic.”
Funding5
- 6
Nordic9 · Dec 2, 2023 · Supports Funding round · amount, Organization · ownership
“German Bionic in a €15M series A extension with Mubea, Benhamou Ventures, Bayern Kapital, IT Farm, Kailua Ventures, Cumberland and Family Office Klein”
- 7
Tech.eu · Dec 21, 2022 · Supports Funding round · amount
“German Bionic has agreed €15 million in venture debt from the EIB”
- 8
Global Venturing · Dec 15, 2020 · Supports Funding round · amount
“raised $20m in series A funding from investors including consumer electronics producer Samsung’s Catalyst fund yesterday.”
- 9DatabaseGerman Bionic company profile
Octen Business Search · Supports Funding round, Organization · employee range, Organization · hq region
“funding round: Series A, 2022-09-01, EUR 9,000,000”
- 10
People1
- 11
Crunchbase · Supports Organization · hq city, Organization · linkedin url, Organization · x url, Role
“hq_city: Augsburg”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.