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Company

German Bionic

German Bionic is a European robotics company that develops and manufactures AI-powered exoskeletons and wearable power suits for logistics, industry, and…

Founded
2017
HQ
Augsburg, Germany
Status
private; filed for insolvency/bankruptcy Nov 2025

The verified answer

As of Aug 2026, DEPLOY verifies German Bionic: 2 models, 7 deployments across 3 regions, $52.1M raised. 2 sources back the record.

CategoryExoskeletons

Overview

German Bionic is a European robotics company that develops and manufactures AI-powered exoskeletons and wearable power suits for logistics, industry, and healthcare. Founded in 2017 in Augsburg, it was the first company to deliver connected exoskeletons for the workplace, with products including the Cray X, Apogee ULTRA, and Exia. The company filed for insolvency in November 2025 after a failed financing round and was acquired by Archimedes Partners in March 2026.

Verified record

Verified deployments
7 deployments on file
Active incidents
None on file

Valuation of record

DEPLOY VERIFIED
$97Mas of Dec 2023

Priced roundSeries A Extension post-money

See the full valuations ranking →

Key facts

Acquired by

Archimedes Partners (2026-03-03)

Insolvency filed

November 2025 (Augsburg District Court)

Employees

~70 (at time of insolvency)

Awards

CES Best of Innovation, Fast Company Innovation by Design, EIB Innovation Champion, Bavarian and German Founders Awards

Offices

Augsburg, Berlin, Boston, Tokyo

Hero image candidate

germanbionic.com (source: official press kit)

Data & sources

Web sources

2

2 sources backing this record.View all →

Partnerships

Every company German Bionic has built with, alongside the ones only announced in a press release.

2 total1 operating1 just announced

Most-frequent partners

  1. 1Archimedes Partners1× joint
  2. 2KULR Technology Group1× joint

Most recent

  1. with Archimedes Partnersoperating
  2. with KULR Technology Groupjust announced

Relationships

Explainers

Plain-language answers to the questions people ask about German Bionic, from DEPLOY’s explainer library. Each is written in the language of the question and cross-checked against this registry.

What is the German Bionic Cray X?
The Cray X is a powered, AI-controlled back-support exoskeleton for industrial lifting, worn by a worker. Its 5th generation adds walking assistance. German Bionic filed for bankruptcy in November 2025, so availability is uncertain.Read the full explainer →
Is the Cray X a robot?
Not in the autonomous sense. The Cray X is a powered exoskeleton a person wears. It adds motorized force to the wearer's own lifting; the wearer stays fully in control. It does not move or make decisions on its own.Read the full explainer →

Current leadership (3)

Founders (4)

See all founders across the registry →

Former / Previously (2)

Safety record

No incidents on record for German Bionic.

Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.

Full safety record: incidents, sourcing, and exposure data →

Operator customers (1)

Recent coverage

German Bionic in third-party press

Peers

28 peers across 1 segment. Every German Bionic competitor derived from shared form-factor and application-domain edges.

exoskeleton(28)

23 companies in this segment · highly_concentrated (HHI 5009.45179584121) · leader Hypershell at 5217%