German Bionic receives 15 million euros
Janina Gerhardt
| 22.12.2022
Robots for dressing are to support employees in logistics and care during physically strenuous activities. This has now convinced the European Investment Bank.
Augsburg-based start-up German Bionic raises EUR 15 million. The company is receiving the capital in the form of a venture debt loan from the European Investment Bank (EIB). The company will use the new funding to further develop its AI-based human-machine systems.
"Our intelligent power suits protect people who perform hard physical work in system-critical positions every day from overload and accidents," says Armin G. Schmidt, CEO and co-founder of German Bionic. He founded the company in 2016 with Michael Halbherr and Peter Heiligensetzer. The developed power suits can be used in logistics as well as in care. Machine-assisted lifting and carrying is intended to relieve employees and prevent work absences. In addition, the suits contain an assistance system that warns when lifting is ergonomically incorrect or when a break from work should be taken.
The current version of the power suit offers lifting support of up to 30 kilograms. The start-up plans to introduce new products in early 2023.
Newsletter
Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.
LinkedIn ConnectTake care, give care
Did this news inform or entertain you? Then we would be happy if you tell your network about it.
Share on Linkedin Share on Facebook Share on XingRelated companies
Startup
2018
Augsburg
German Bionic
Manufacturer and developer of exoskeletons for use in industrial production.
FYI: English edition available
Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?
FYI: Deutsche Edition verfügbar
Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?
