Italy’s Wearable Robotics closes €5 million Series A to scale neuromotor rehabilitation robotics and exoskeletons

Wearable Robotics, a Pisa-based startup specialising in wearable robotics for neuromotor rehabilitation, has closed a €5 million Series A round to accelerate global expansion and bring its technologies to key markets.

The round was led by CDP Venture Capital, via the Accelerators Fund, with participation from MITO Technology through the MITO Tech Transfer fund, LIFTT, and SIMEST, utilizing resources from F.394/81 – Venture Capital and Participatory Investments Section managed in agreement with the Ministest of Foreign Affairs and International Cooperation.

It also included RoboIT (National Technology Transfer Hub for Robotics and Industrial Automation) and the co-investment fund Toscana Next, established and managed by CDP Venture Capital and supported by the main banking foundations in Tuscany, such as Fondazione CR Firenze, Fondazione Cassa di Risparmio di Lucca, Fondazione Caript, and Fondazione Monte dei Paschi di Siena, to maximise investments in innovative companies within the region.

“The closing of this round represents a crucial step in our evolution. We are building the foundation for sustainable and scalable growth, while simultaneously investing in product innovation, regulatory strength and commercial development. Our goal is to bring increasingly advanced and modular wearable robotics solutions, capable of generating a concrete impact along the entire rehabilitation continuum,” declared Lucia Lencioni, CEO of Wearable Robotics.

Founded in 2014, Wearable Robotics was founded as a spin-off of the Scuola Superiore Sant’Anna, an internationally recognised centre of expertise in the field of wearable robotics.

The Italian startup manufactures and markets robotic devices and exoskeletons for rehabilitation, shiftment assistance and human capacity augmentation. It specialises in the development of high-efficiency wearable robots for load handling, walking assistance or motor function recovery.

Its rehabilitation solutions integrate wearable robotics and augmented and virtual reality (AR/VR) systems, with the aim of improving rehabilitation pathways and the recovery of neuromotor functions, with a specific focus on Activities of Daily Living. Wearable Robotics aims to develop new modular and integrable robotic solutions, capable of extconcludeing applications to other rehabilitation districts.

The company has two divisions: NEXUM Medical, its medical branch dedicated to advancing robotic technology for neuro-motor rehabilitation and assisting people with motor disabilities. It specialises in designing, manufacturing, and selling robotic devices for the upper limbs and offers solutions ranging from VR-integrated robotic systems of both active and passive types.

Wearable Robotics’ industrial division is called NEXUM Industest, which develops exoskeleton devices dedicated to aiding in the manual handling of loads. The products in this field are exoskeletons capable of producing supporting forces on the objects to be handled, aiming to reduce worker fatigue and the occurrence of occupational diseases related to the musculoskeletal system.

According to the company, the capital will be utilised to expand the product portfolio and support commercial development, aiming to enhance the company’s competitive position in key international markets.

“Today, this competitive advantage derives mainly from ALEX RS, a bilateral device for neuromotor rehabilitation of the upper limb, which represents a point of reference in the panorama of rehabilitation robotics, with over 50 units already installed internationally,” mentioned the company.

The startup also plans to invest in completing the necessary regulatory processes to gain access to reference markets, thereby strengthening compliance and speeding up the time-to-market of its technologies. This strategy will be backed by a substantial strengthening of commercial channels to increase the company’s presence locally and globally. The funding round will also bolster international growth through new partnerships, entest into major markets, and an expanded distribution network, especially tarobtaining North American markets.

Wearable Robotics is already present in 20 countries and holds a family of eight proprietary patents that cover all the know-how developed.

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