DGAP-News: MIG Fonds invests in German Bionic Systems
vom 14.12.2020, 08:45 Uhr
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MIG Fonds invests in German Bionic Systems
14.12.2020 / 08:45
MIG Fonds invests in German Bionic Systems
German Bionic, a robotics specialist for industrial exoskeletons, raises US $20 million in a Series A round from international VC investors
MIG Fonds 5th new investment in 2020 following wealthpilot, Temedica, Neracare and Innatera
Munich, 14 December 2020
MIG AG, a leading German venture capital investor, today announced that its MIG Fonds 8 und 16 has invested in GBS German Bionic Systems GmbH, Augsburg, Germany, in a Series A financing. Both participating MIG Funds are each investing €2 million in the US $20 round, a total €4 million (US $4.8 million) from MIG. Besides MIG Fonds, Samsung Catalyst, Storm Ventures, Benhamou Global Ventures and IT Farm are co-investors in the Series A financing.