Wearable Robotics closes €5M Series A to scale development

Wearable Robotics, an Italy-based company developing wearable robotics for neuromotor rehabilitation, has raised €5 million in a Series A funding round to support international expansion and product development. The round was led by CDP Venture Capital, with participation from MITO Technology, LIFTT, SIMEST, RoboIT, and Toscana Next, a co-investment fund managed by CDP Venture Capital.

The company develops rehabilitation solutions that combine wearable robotics with augmented and virtual reality technologies, aiming to improve neuromotor recovery and support activities of daily living. Its flagship device, ALEX RS, is a bilateral upper-limb rehabilitation system with more than 50 units deployed internationally, forming the basis of the company’s current market position.

Building on this foundation, Wearable Robotics is focused on expanding its product portfolio with modular and integrable robotic solutions that extend applications across additional rehabilitation areas. The company also plans to advance regulatory approvals in key markets, strengthen compliance processes, and accelerate the time-to-market of its technologies.

At the same time, the company is working to expand its commercial capabilities and distribution network, with a focus on strengthening its presence both in existing markets and internationally. This includes the development of new partnerships and entry into key regions, particularly in North America.

According to CEO Lucia Lencioni, the funding supports the company’s next phase of growth, with a focus on scaling operations, advancing product innovation, and expanding its global footprint:

Our goal is to bring increasingly advanced and modular wearable robotics solutions, capable of generating a concrete impact along the entire rehabilitation continuum.

The funding will be used to complete the company’s product portfolio, scale commercial development, and strengthen its competitive positioning across international markets.