California-based CIONIC, a bionic clothing company, has raised $12.5 million in its Series A investment round.
Led by BlueRun Ventures, the financing round also had participation from Caffeinated Capital, EPIC Ventures, JobsOhio Growth Capital Fund, and LDV Capital.
CIONIC will use the funds to speed up research trials and the commercialization of further indications, driving a robust product pipeline across the spectrum of human mobility.
Founded in 2018, the company has so far collected total funding of $23 million to date.