Bionic Robotics GmbH, a Darmstadt, Germany-based developer and manufacturer of the bioinspired robot arm BioRob, closed a seven-digit EUR Series A round of funding.
Backers included existing investor High-Tech Gründerfonds (HTGF) as well as new investors Abacus Alpha GmbH, Hessen Kapital I GmbH and RMC Dr. Reineck Management & Consulting GmbH.
The company intends to use the funds for the extension of its development and marketing activities.
Established 2010 as a spin-off of Technische Universität Darmstadt and led by Ralf Teichmann, CEO, Bionic Robotics specializes in the development and construction of the lightweight robot BioRob, which is used in industrial automation for pick & place, inspection and assistance tasks.
FinSMEs
20/03/2015