Provider of an exoskeleton system for industrial worker augmentation. The product is named Cray and is designed to reduce lower back compression forces, which supports users in manual handling of goods and tools. The robot works on an open source based cloud software platform that also enables machine learning and AI functionality. The company was founded in 2016 and headquartered in Augsburg, Germany. It has raised $39.8M in series a funding, with backing from European Investment Bank, Join Capital, Atlantic Labs, IT-Farm Corporation, and others. The company operates in the High Tech - Professional Service Robots space. The company leverages advanced technology to deliver innovative solutions tailored to its target market, addressing key industry challenges and driving value for its customers.
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German Bionic System
Series AProvider of an exoskeleton system for industrial worker augmentation. The product is named Cray and is designed to reduce lower back compression forces, which supports users in manual handling of goods and tools. The robot works on an open source based cloud software platform that also enables machine learning and AI functionality. The company was founded in 2016 and headquartered in Augsburg, Germany. It has raised…
About
Business model
Professional Service Robots > Multi Utility > Exoskeleton Robots
Institutional investors
European Investment BankJoin CapitalAtlantic LabsIT-Farm CorporationMubeaBenhamou Global VenturesBayern KapitalCumberland VCKlein Family OfficeKailua VenturesSamsung Catalyst FundStorm VenturesMIG FondsMK Venture CapitalThe Berkeley Group
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IT-Farm Corporation
Investor profile on CrackTheDeckMK Venture Capital
Investor profile on CrackTheDeck🗂️ Explore High Tech investors — funds that write checks in this sector.
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