German Bionic

[PRIVATE]

Exoskeletons · HQ: Augsburg, Germany · Est. 2017 · 2 models registered · 7 deployments

New deploymentGoing concernFunding gap >24mo

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

Ownership

PRIVATE

Capital / Funding

$52M

Headquarters

Augsburg, Germany

IP / Patents

Undisclosed

Platform Models

2

Audited Incidents

0

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.

Audited Posture AssessmentPeer Percentile: 100.0%

Clean safety record across 7 verified deployments. Strong deployment footprint with 7 operational sites across 7 countries. Funding runway warrants monitoring: last known round 34 months ago.

  • EXOSKELETON

Key Facts

CEOArmin G. Schmidt
CTODr. Peter Heiligensetzer
Co-CTONorma Steller
Co-FoundersArmin G. Schmidt, Dr. Peter Heiligensetzer, Dirk Pöschl, Michael Halbherr
Total funding$52.1M across 3 rounds
Acquired byArchimedes Partners (2026-03-03)
Insolvency filedNovember 2025 (Augsburg District Court)
Employees~70 (at time of insolvency)
AwardsCES Best of Innovation, Fast Company Innovation by Design, EIB Innovation Champion, Bavarian and German Founders Awards
OfficesAugsburg, Berlin, Boston, Tokyo
Hero image candidatehttps://www.germanbionic.com/press-images (source: official press kit)

Safety & Regulatory Posture

0 entries
Audited Incident & Recall Footprint

No incidents on record for German Bionic.

Leadership & Founders

7 entries

Current Program Leadership & Executives

Armin G. Schmidtsecondary-verified

CEO & Co-Founder

Dr. Peter Heiligensetzersecondary-verified

CTO & Co-Founder

Norma Stellersecondary-verified

Co-CTO

Founding Team

Armin G. Schmidt[Founder]

no longer at company

Dr. Peter Heiligensetzer[Founder]

no longer at company

Dirk Pöschl[Founder]

no longer at company

Michael Halbherr[Founder]

no longer at company

Key Former Leadership (2 Tracked)

Dirk PöschlCo-Founder
Michael HalbherrCo-Founder

Partnerships & Commercial Deployments

4 entries
Total Tracked2
Operating1
Announced1
Concluded0

Recent Verified Partnerships

  • Archimedes Partners acquires German BionicMar 3, 2026

    MOST RECENT · Archimedes Partners acquires German Bionic · 2026-03-03 · with Archimedes Partners · OPERATING · German Bionic x KULR Technology · 2025-04-15 · with KULR Technology Group · JUST ANNOUNCED

Operator Customers & Fleet Integrators

German Bionic - 7 deploymentsGerman Bionic

Platform Models

2 entries

Deployments

7 entries

Sectors & Applications

2 entries

FAQ

13 entries
What is German Bionic?

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.

What does German Bionic make?

German Bionic has 2 robot models on the DEPLOY registry: German Bionic Apogee, German Bionic Cray X (German Bionic builds physical robots).

Is German Bionic publicly traded?

German Bionic is not an independent public company; it has been acquired, per the DEPLOY registry.

Who competes with German Bionic?

On the DEPLOY registry, peer companies to German Bionic building in the same form factors include Fourier Intelligence, Honda, Lockheed Martin, Wandercraft.

Who is the CEO of German Bionic?

Armin G. Schmidt is the ceo of German Bionic, per the DEPLOY registry.

How can I invest in German Bionic?

German Bionic has no separately traded stock; it has been acquired.

Where is German Bionic headquartered?

German Bionic is headquartered in Augsburg, Germany.

How much funding has German Bionic raised?

German Bionic has raised approximately $52M in disclosed funding on record in the DEPLOY registry.

Who owns German Bionic?

German Bionic has been acquired and is no longer independently owned.

Where does German Bionic operate robots?

German Bionic operates 7 verified deployments, including at Charité Berlin, Leupoldsgrun, Bavaria, Germany, Duisburg.

How many robots has German Bionic deployed?

DEPLOY has 7 verified German Bionic deployments on record at sites including Charité Berlin, Leupoldsgrun, Bavaria, Germany, Duisburg. That is a count of distinct field deployments each backed by sourced evidence, not a manufacturer's claimed unit total; it updates as new sites are verified.

Is German Bionic a top robotics company?

On DEPLOY's intelligence score, which blends verified deployments, funding, hiring, media, safety, and IP signals, German Bionic ranks in roughly the top under 1% of companies tracked by the registry.

Is German Bionic safe?

German Bionic has no incidents on record in the DEPLOY registry. This does not constitute a safety guarantee; it reflects the incidents DEPLOY has tracked and verified to date.