Wearable Robotics Secures €5 Million Series A for Global Expansion in Rehabilitation Technologies
Wearable Robotics has raised €5 million in a Series A funding round to enhance its neuromotor rehabilitation robotics and exoskeleton devices. This capital will accelerate its global market entry and bolster product development, particularly in North America.
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Wearable Robotics, based in Italy, has completed a €5 million Series A funding round aimed at scaling its neuromotor rehabilitation technologies. The round was led by CDP Venture Capital and included contributions from MITO Technology, LIFTT, SIMEST, RoboIT, and Toscana Next.
The funds will be allocated towards expanding the product portfolio, advancing regulatory approvals, and increasing commercial development. The company aims to enhance its competitive position in international markets, with a particular focus on North America.
With its product ALEX RS already installed in over 50 locations globally, Wearable Robotics is positioned for significant growth. This funding will also support the establishment of new partnerships and an expanded distribution network.
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