Cionic specializes in creating bionic clothing technology designed to increase mobility for patients with multiple sclerosis, stroke, cerebral palsy and other mobility impairments. Earlier this year, the Cionic Neural Sleeve received FDA clearance.
The funding will be used for the manufacturing and delivery of Cionic mobility technology, according to a Sept. 28 news release from the company.
The funding round brings Cionic’s total raised to $23 million. BlueRun Ventures led the funding round with participation from Epic Ventures.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.