Samsung Catalyst Fund and MIG back the powered exoskeleton maker.
In December 2020 German Bionic announced a $20 million Series A. Samsung Catalyst Fund and MIG led the round.
The suit
The Cray X is a connected, powered exoskeleton that supports the lower back during lifting.
Why it matters
Back injuries from lifting are common on sites and in logistics. Powered support is one answer.
Sources
Source: prnewswire.com
German Bionic