USA – Cionic, a San Francisco, CA-based bionic clothing company, raised $12.5M in Series A funding.
The round was led by BlueRun Ventures, with participation from Caffeinated Capital, EPIC Ventures, JobsOhio Growth Capital Fund, and LDV Capital. The company intends to use the funds to accelerate research trials and commercialization of additional indications, driving a product pipeline across the spectrum of human mobility.Led by CEO Jeremiah Robison, Cionic builds bionic clothing that can analyze and augment human movement, enabling the body to move with freedom and control. The Neural Sleeve combines movement analysis and augmentation into a wearable, with a comfortable design that can be worn anywhere and operated by a smartphone. The Cionic Neural Sleeve uses a dense array of sensors to measure how the body is positioned and how individual muscles fire during movement, predicts intended movement by measuring the electrical signal from the brain, and then algorithms analyze this data in real time to determine optimal muscle activation patterns. The Sleeve then delivers Functional Electrical Stimulation to sequence proper muscle firing for natural movement. It is an adaptive system that provides real-time augmentation and adjustment of the wearer’s movement, updating each time they take a step.The company launched and sold out of the early adopter Founder’s Program after announcing FDA clearance, and recently opened the Explorer Program, an early adopter program that will deliver in February of 2023. 29/09/2022
