Tech Company Financing Transactions
German Bionic Funding Round
European Investment Bank participated in a $15.9 million funding round for German Bionic. The round was announced on 12/21/2022.
Transaction Overview
Company Name
Announced On
12/21/2022
Transaction Type
Debt
Amount
$15,908,000
Round
Undisclosed
Investors
European Investment Bank (Lead Investor)
Proceeds Purpose
This non-dilutive funding option, which comes with support from the EU's InvestEU guarantee programme, is set to sustain the runway for German Bionic's AI-driven exosuits which enable logistics and careworkers to "perform physically strenuous tasks.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
Max-Planck-Str. 21
Friedrichsdorf, D-61381
DE
Friedrichsdorf, D-61381
DE
Website
Email Address
Overview
Bionic Medizintechnik GmbH was founded in 1978 as a private company and joined in 1993 the international JMS group with headquarters in Japan. Our office is located in Friedrichsdorf near Frankfurt / Main, Germany from where the products are distributed and shipped world-wide. Meanwhile we sell our products in more than 40 countries and in all six continents.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Armin Schmidt
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