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High Tech Series A Founded 2018

CIONIC

CIONIC provides bionic clothing for mobility impairment, offering a neural sleeve that continuously monitors movement in real-time and delivers functional electrical stimulation to activate muscles precisely coordinated to the gait cycle. The wearable device helps patients with mobility issues caused by conditions such as multiple sclerosis, stroke, cerebral palsy, and spinal cord injury. Founded in 2018 and…

📍 Scotts Valley, United States · Wearable Technology,

Funding snapshot

Last roundSeries A
Amount$12M
Date13 October 2023
Total raised$32M
Team size27

About

CIONIC provides bionic clothing for mobility impairment, offering a neural sleeve that continuously monitors movement in real-time and delivers functional electrical stimulation to activate muscles precisely coordinated to the gait cycle. The wearable device helps patients with mobility issues caused by conditions such as multiple sclerosis, stroke, cerebral palsy, and spinal cord injury. Founded in 2018 and headquartered in Scotts Valley, CIONIC has raised approximately $32.3M in Series A funding from investors including L Catterton, BlueRun Ventures, Transformational Healthcare Venture Capital, Enable Ventures, Caffeinated Capital, and EPIC Ventures. The company employs 27 people and combines motion sensing with adaptive electrical stimulation in a wearable form factor, enabling individuals with neurological conditions to improve walking ability without surgery or permanent implants, representing a significant advancement in non-invasive neurorehabilitation technology.

Business model

Wearable Technology > Health and Wellness Devices > Neural > Mobility Impairment,

Disease Self Management > Orthopedics > Therapy > Gait > Device > Wearable,

Assistive Tech > Assistive Hardware > Mobility > Prostheses

Institutional investors

L Catterton Transformational Healthcare Venture Capital Enable Ventures BlueRun Ventures Caffeinated Capital EPIC Ventures JobsOhio LDV Capital

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