Human in Motion Robotics

Human in Motion Robotics

Human in Motion Robotics. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD55—82m (Dealroom.co estimates May 2023.)
Vancouver British Columbia (HQ)
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DateInvestorsAmountRound

N/A

Debt

N/A

Seed

$260k

Grant

$2.7m

Seed

$300k

Grant
*

$10.0m

Series A
Total FundingCAD18.1m

Recent News about Human in Motion Robotics

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Human in Motion Robotics (HMR) specializes in developing advanced exoskeleton technology designed to assist individuals with lower extremity motor deficits. Operating in the healthcare and rehabilitation market, HMR's core product, XoMotion, is a next-generation exoskeleton platform that mimics the physiological motion of the lower extremities, allowing users to perform complex mobility tasks hands-free. The company serves patients with mobility impairments, rehabilitation centers, and clinical specialists. HMR's business model includes selling and leasing their exoskeleton devices to rehabilitation centers and, eventually, to individual consumers for personal use. Revenue is generated through direct sales, leasing agreements, and potential future clinical trial collaborations. The company is headquartered in Vancouver, Canada, with additional offices in Seoul, South Korea, and aims to revolutionize mobility solutions for millions worldwide.

Keywords: exoskeleton, mobility, rehabilitation, lower extremity, hands-free, XoMotion, healthcare, robotics, clinical trials, Vancouver.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.