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Venture Capital News: CIONIC Secures $12.5M Series A Funding

2022-09-28
SAN FRANCISCO, CA, CIONIC, a bionic clothing company, announced a $12.5M Series A financing led by BlueRun Ventures.
CIONIC, a bionic clothing company behind the breakthrough Cionic Neural Sleeve, announced a $12.5M Series A financing. The round was led by BlueRun Ventures, with participation from Caffeinated Capital, EPIC Ventures, JobsOhio Growth Capital Fund, and LDV Capital.

CIONIC is committed to changing the lives of people with mobility differences by helping them move more independently. Motivated by his daughter's journey with cerebral palsy, technology innovator Jeremiah Robison founded CIONIC in 2018. CIONIC builds bionic clothing that can analyze and augment human movement, enabling the body to move with more freedom and control than with crutches, walkers, or wheelchairs. CIONIC thoughtfully combines the diagnostic power of a gait lab with the therapeutic power of Functional Electrical Stimulation (FES) into a lightweight, durable garment that can be worn anywhere and work everywhere.
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