Wearable Robotics, a spin-off of the Sant’Anna School of Advanced Studies, has raised €5 million in a Series A funding round to accelerate its international expansion and advance its neuromotor rehabilitation technologies.
The round was led by CDP Venture Capital through its Accelerators Fund, with participation from MITO Technology, LIFTT, SIMEST, RoboIT, and Toscana Next.
The funding will be used to expand the company’s product portfolio, strengthen commercial development, and enhance its competitive positioning across global markets. A key driver of its current traction is ALEX RS, a bilateral robotic device designed for upper-limb neuromotor rehabilitation, which already has more than 50 installations worldwide.
Building on this foundation, Wearable Robotics plans to develop modular and integrable robotic solutions that extend into additional rehabilitation areas. The company is also investing in regulatory processes to accelerate market access, while expanding its commercial channels and distribution network, particularly in North America.
Founded in 2014, Wearable Robotics integrates wearable robotics with augmented and virtual reality systems to improve rehabilitation outcomes and support recovery of neuromotor functions. The company operates in 20 countries and holds eight proprietary patents. The new capital will also support scaling production capacity and strengthening its global competitiveness.
KEY QUOTES:
“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.”
Lucia Lencioni, CEO of Wearable Robotics
“Supporting Wearable Robotics represents an investment opportunity in a project with a high technological content and strong social value. The results achieved with ALEX RS, both clinically and in market validation, are testament to the team’s executive maturity and ability to compete as a leader in a rapidly expanding industry. The activation of this round benefits from the network development work carried out by accelerators and technology transfer, which have contributed to building an effective ecosystem of strategic relationships. We believe that this transaction represents a decisive step in consolidating the company’s competitive positioning on a national and international scale”
Stefano Molino, Head of the Accelerator Fund at CDP Venture Capital
“We are pleased to contribute to this new round of investment in Wearable Robotics. The transaction confirms our confidence in the solidity of the company’s products and its team. We are convinced that the solutions developed by Wearable Robotics, designed to support people in work activities and rehabilitation pathways, can have a concrete and increasingly significant impact. The current investment will contribute to the scale-up phase and strengthen the positioning of Wearable Robotics, generating lasting value for investors and stakeholders.”
Massimiliano Granieri, Managing Director of MITO Technology
“Since our entry in 2023, we have supported Wearable Robotics in its growth path, supporting its development and subsequent funding rounds. We continue to invest with conviction in a team and in a technology that we believe is a leader in a high-potential market such as rehabilitation robotics.”
Marco Parlani, Project Manager of LIFTT
