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German Bionic receives 15 million euros

Janina Gerhardt | 22.12.2022

German Bionic receives 15 million euros — Foto: German Bionic

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.

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Startup 2018 Augsburg German Bionic Manufacturer and developer of exoskeletons for use in industrial production.

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