Event

Wandercraft secures €25M EIB financing for exoskeleton development

Dec 28, 2023 · Funding · Wandercraft · Healthcare

  • • Wandercraft received €25 million in financing from the European Investment Bank (EIB) on December 28, 2023.
  • • The funding was allocated to support the development of Wandercraft's Personal Exoskeleton, a self-balancing exoskeleton for individuals with severe mobility impairments.
  • • The financing was backed by a guarantee under the European Commission's InvestEU programme.

Develops self-balancing robotic exoskeletons designed to restore walking ability for people with mobility impairments. The systems use dynamic stabilization to enable hands-free locomotion without crutches or walkers.

Segment
Healthcare
Event type
Funding
Geography
Paris · France