GBS German Bionic Systems
Latest round
- Series A
Last raised
- Dec 2023
Total raised
- $40M
Investors
- 13
About GBS German Bionic Systems
Founded in 2016, GBS German Bionic Systems GmbH is headquartered in Augsburg, Germany, and specializes in robotic exoskeleton technology. The company was co-founded by Armin Schmidt and Dirk Pöschl, with Schmidt serving as CEO.German Bionic's primary offering is the Exia AI exoskeleton, designed to support lifting, lowering, walking, and carrying tasks in physically demanding environments. Exia provides up to 38 kg (84 lbs) of lifting assistance per movement, significantly alleviating strain on users during tasks such as lifting, carrying, and working in bent-over postures. The product utilizes advanced AI and machine learning technologies to adapt to individual user movements in real-time, enhancing performance and reducing the risk of musculoskeletal disorders. Key sectors served include logistics, manufacturing, construction, and healthcare, with a focus on nursing and elderly care.German Bionic generates revenue through direct sales of its flagship products, notably the Exia exoskeleton, alongside accompanying services such as the German Bionic Connect app and the German Bionic IO platform. The company employs a business-to-business transaction model, engaging with various industries to provide tailored solutions for ergonomic support. Clients typically purchase Exia units, which include a subscription to ongoing AI-driven updates and analytics services that enhance operational efficiency. The company is focused on expanding its product offerings with new enhancements to the Exia exoskeleton and plans to enter additional markets in Asia and North America by 2025, targeting industries that prioritize ergonomic solutions.
Who invested in GBS German Bionic Systems
13 investors across 3 rounds
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Questions about GBS German Bionic Systems
Who invested in GBS German Bionic Systems?
GBS German Bionic Systems has 13 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has GBS German Bionic Systems raised?
GBS German Bionic Systems has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did GBS German Bionic Systems last raise money?
GBS German Bionic Systems's most recent round on record is a Series A, in Dec 2023.
What does GBS German Bionic Systems do?
Founded in 2016, GBS German Bionic Systems GmbH is headquartered in Augsburg, Germany, and specializes in robotic exoskeleton technology.
Where is GBS German Bionic Systems headquartered?
GBS German Bionic Systems is headquartered in Augsburg, Germany.
Which VCs invest in companies like GBS German Bionic Systems?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back industrial machinery companies at GBS German Bionic Systems's stage. Their profiles are linked below.
VCs backing industrial machinery startups at Series A
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