{"id":"dbe8740b-1af7-4342-bec9-005b26276006","name":"German Bionic","slug":"german-bionic","description":"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](https://www.archimedes-partners.com) in March 2026.","status":"private; filed for insolvency/bankruptcy Nov 2025","founded":2017,"hq":"Augsburg, Germany","fundingTotal":null,"type":"hardware","reviewStatus":"reviewed","lifecycleState":"active","supersededByCompanyId":null,"sources":[{"url":"https://www.prnewswire.com/news-releases/german-bionic-launches-5th-generation-cray-x-smart-ai-powered-exoskeleton-with-active-walking-assistance-outdoor-capabilities-and-other-pioneering-technologies-301442646.html","title":"German Bionic","sourceName":"German Bionic (primary)"},{"url":"https://www.engadget.com/german-bionic-debuts-its-lightest-powered-exosuit-to-date-at-ces-2023-133049208.html","title":"German Bionic Apogee (CES 2023)","sourceName":"Engadget"}],"keyFacts":[{"label":"CEO","value":"Armin G. Schmidt"},{"label":"CTO","value":"Dr. Peter Heiligensetzer"},{"label":"Co-CTO","value":"Norma Steller"},{"label":"Co-Founders","value":"Armin G. Schmidt, Dr. Peter Heiligensetzer, Dirk Pöschl, Michael Halbherr"},{"label":"Total funding","value":"$52.1M across 3 rounds"},{"label":"Acquired by","value":"Archimedes Partners (2026-03-03)"},{"label":"Insolvency filed","value":"November 2025 (Augsburg District Court)"},{"label":"Employees","value":"~70 (at time of insolvency)"},{"label":"Awards","value":"CES Best of Innovation, Fast Company Innovation by Design, EIB Innovation Champion, Bavarian and German Founders Awards"},{"label":"Offices","value":"Augsburg, Berlin, Boston, Tokyo"},{"label":"Hero image candidate","value":"https://www.germanbionic.com/press-images (source: official press kit)"}],"aliases":["German Bionic Systems"],"collisionRisk":"low","reviewNote":null,"atsProvider":null,"atsSlug":null,"factoryLocations":null,"manufacturingCapacity":null,"orgType":null,"burnSignal":null,"litigationEvents":null,"insurancePostureDisclosed":null,"unitEconomicsDisclosed":null,"createdAt":"2026-06-06T01:25:38.749Z","updatedAt":"2026-07-09T05:13:59.011Z","jsonLd":{"@context":"https://schema.org","@type":"Organization","@id":"https://registry.deploy.report/companies/german-bionic","url":"https://registry.deploy.report/companies/german-bionic","name":"German Bionic","alternateName":["German Bionic Systems"],"description":"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](https://www.archimedes-partners.com) in March 2026.","identifier":"dbe8740b-1af7-4342-bec9-005b26276006","foundingDate":"2017","address":"Augsburg, Germany","publisher":{"@id":"https://deploy.report/#organization"}},"framework_metadata":{"framework_schema_version":"0.1.0","verification_status":"verified","maturity_stage":null,"lifecycle_state":null,"architectural_position":{"cohort":null,"sub_cohorts":[]},"within_cohort_verified_vs_claimed_pair":null,"cap_flags":[],"verification_depth":{"sources_count":2,"primary_source_types":[]}}}