Hurotics, a South Korean company that makes soft wearable robots for walking rehabilitation, has raised ₩25bn (about $18.6m) in a Series A round led by Atinum Investment. The company announced the round on 15 October 2026.
Most of its existing investors followed on, including Stonebridge Ventures, Industrial Bank of Korea (IBK), Aju IB Investment and Wonik Investment Partners. Mirae Asset Venture Investment joined as a new financial investor, and healthcare group Daewoong, internet company Naver and retail group Lotte came in as strategic investors.
The round takes Hurotics' total funding past ₩33.5bn (about $24.9m), according to Venturesquare. A valuation was not disclosed.
What Hurotics does
Hurotics builds soft exosuits: wearable robots that are put on like clothing rather than strapped on as rigid frames. Its main product, H-Medi, is a gait rehabilitation suit that uses cables that act like tendons to mimic muscle contraction. Sensors analyse the wearer's walking in real time, and the suit supplies only the assistance needed, so patients keep using their own muscles during training.
H-Medi went on sale in September 2025 and holds a Class 2 medical device certification from Korea's Ministry of Food and Drug Safety. It is used at Sinchon Severance Hospital, Chung-Ang University Hospital and Korea University Hospital. In June 2026 the company shipped units to the University of Illinois Chicago, where they are used for stroke rehabilitation research and physical therapist training. Japan and South-east Asia are next on its list of markets.
A second product, H-Care, is a walking-assist robot meant for daily life outside hospitals. It is still in development.
Who is behind it
Hurotics was founded in July 2022 by Lee Ki-wook, its chief executive and a professor of mechanical engineering at Chung-Ang University. Lee previously worked at Harvard's Wyss Institute on DARPA's Warrior Web programme, developing garment-like wearable robots, and was first author of a 2019 walking and running assistance paper that made the cover of Science.
Chief medical officer Kim Dong-soo is a former rehabilitation medicine specialist at Severance Hospital, and chief technology officer Han Seung-hoon previously held senior roles at Samsung Electronics and Hyundai Motor Group. The company has about 47 employees, around 45% of whom hold master's or doctoral degrees, according to Venturesquare and Smart Today.
Lee told Korean media that the company's goal is to carry the recovery of movement that starts in hospitals into everyday health, and that it will combine physical AI with its suits to help people look after their health in daily life.
What the money is for
Hurotics will spend the new capital on overseas regulatory approvals and wider distribution for H-Medi, and on finishing development of H-Care and preparing it for mass production.
It also plans to work with its strategic investors on hospital supply and distribution, overseas expansion and a data and software platform. Over the longer term the company wants to use walking data to build personalised gait algorithms and software that predicts sarcopenia and fall risk, moving from a hardware business towards what it calls a wearable physical AI data platform.
Company website: hurotics.com