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Cionic: Raises $12.5M in Series A Financing

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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Cionic Raises $12.5M in Series A Financing

  • Cionic, a San Francisco, CA-based bionic clothing company, raised $12.5M in Series A funding
  • The round was led by BlueRun Ventures, with participation from Caffeinated Capital, EPIC Ventures, JobsOhio Growth Capital Fund, and LDV Capital
  • The company intends to use the funds to accelerate research trials and commercialization of additional indications, driving a product pipeline across the spectrum of human mobility
  • The company builds bionic clothing that can analyze and augment human movement, enabling the body to move with freedom and control
  • The Neural Sleeve combines movement analysis and augmentation into a wearable, with a comfortable design that can be worn anywhere and operated by a smartphone
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