Italian rehabilitation robotics startup Wearable Robotics raises €5M to expand its arm exoskeleton

image via TNW | The heart of techThe Next Web

April 3, 2026, 11:23 AM

• •ALEX RS has been deployed in 20 countries.
• •The round includes participation from MITO Technology, LIFTT, RoboIT, and Toscana Next.
• •The funding will also cover regulatory approvals and distribution network expansion.
• •Wearable Robotics holds eight patents covering key aspects of its technology.

Wearable Robotics, a spin-off from Sant’Anna School of Advanced Studies, secured €5 million in Series A funding led by CDP Venture Capital. The funding will fuel international expansion, product portfolio completion, and production capacity optimization for their ALEX RS upper-limb exoskeleton. The company, founded in 2014, specializes in wearable robotic rehabilitation devices, targeting the global market of 200 million patients needing neuromotor recovery. SIMEST's involvement signals a focus on North America, and the investment consortium highlights a coordinated Italian public-private push in rehabilitation robotics.

Read original article