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Axiles Bionics closes first €6M of its €8M Series A round to globalise its biomimetic prosthetic foot
- Axiles Bionics, a Brussels-based deeptech and medtech spin-off, has closed the first €6M tranche of its €8M Series A financing round.
- The funding, led by PE Group and supported by EIC Fund, Finance&Invest.brussels, private investors, entrepreneurs, and the company's management team, will aid in globalizing their biomimetic prosthetic foot Lunaris.
- Lunaris offers mechanical adaptability and embedded systems, currently used in clinical settings worldwide.
- Axiles Bionics is focused on developing bionic devices at the intersection of robotics, artificial intelligence, and biomechanics to enhance mobility through prosthetics.
- Their first product, Lunaris, is FDA and CE certified, mimicking natural walking patterns for lower limb amputees, with plans for future bionic technologies.
- PE Group CEO Stefan Yee praises Axiles Bionics for setting new standards in robotic prosthetics, poised to transform amputees' quality of life globally.
- European Innovation Council (EIC) Fund supports Axiles Bionics, acknowledging their commercial success and clinical advancements.
- Axiles Bionics aims to introduce advanced bionics as a standard, improving mobility and well-being, with a vision to reshape the global prosthetic technology standard.
- Investors like PE Group, EIC Fund, and Finance&Invest.brussels are providing financial and strategic support to Axiles Bionics for their innovative advancements in prosthetics.
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