XoMotion developer closes Series A above $10 million

May 29, 2023 · Funding · Human in Motion Robotics · Exoskeleton

Human in Motion Robotics closed a Series A round of more than $10 million, including an $8 million strategic investment from Beno Holdings.

Human in Motion Robotics company media
Company media · Human in Motion Robotics
  • The Series A closed at more than $10 million, with Beno Holdings contributing an $8 million strategic investment.
  • The company planned to accelerate research and development, expand production capacity and support market entry.
  • The financing also established a strategic partnership intended to support commercialization and international expansion.

Human in Motion Robotics develops self-balancing, hands-free lower-limb exoskeletons for people with mobility impairments. Its XoMotion platform uses sensor-rich control and a compact robotic architecture to support standing, walking, turning and other complex movements.