Tech Company Financing Transactions
Cionic Funding Round
Cionic closed a $12 million Series A funding round on 10/19/2023. Investors included L Catterton Partners, Enable Ventures and Transformational Healthcare Venture Capital.
Transaction Overview
Company Name
Announced On
10/19/2023
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to grow user and clinician adoption of the Cionic Neural Sleeve among the millions of individuals experiencing impaired mobility as a result of multiple sclerosis, strokes, cerebral palsy, and other neurological conditions, and to accelerate its product pipeline into new indications addressing the full spectrum of human mobility.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
1606 Stockton St 1
San Francisco, CA 94133
USA
San Francisco, CA 94133
USA
Phone
Website
Email Address
Overview
Cionic builds wearable solutions that provide comprehensive analysis and precise augmentation to enhance human performance and improve quality of life. Our devices push the limits of integrated hardware, software, and algorithms, emphasizing functional wearability and personalized intelligence. We are a small teams of clinicians, scientists, engineers and designers, committed to making dramatic changes in the treatment of neuromuscular disease.
Management Team
Title
Name
Email & Social
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