The robotic arm developer has raised series A funding in a round backed by Abacus Alpha and High-Tech Gruenderfonds.
Bionic Robotics, the Germany-based developer of a bio-inspired robot arm, raised a seven-figure euro amount today in a series A round featuring industrial holding company Abacus Alpha.
High-Tech Gruenderfonds (HTGF), the state-run venture fund backed by a host of German corporates, also took part in the round, as did state-backed fund Hessen Kapital and Dr. Reineck Management & Consulting.
Spun out of Technische Universität Darmstadt in 2010, Bionic Robotics’ lightweight and flexible robot arm, BioRob, is used for pick and…
