5Y News | Extreme Shell Technology Raises $120 Million in Series B
Hypershell's X series has sold in over 70 countries, leading the global exoskeleton market.
Today, Hypershell, a global leader in exoskeleton technology, announced the completion of a $50 million Series B+ funding round, bringing the company's total Series B raise to $120 million. The round was led by Ant Group and Meituan Longzhu, with participation from Sofina and Granite Asia. Cygnus Equity served as the exclusive financial advisor.
Less than three years after its first-generation product surpassed $1 million in crowdfunding on Kickstarter in 2023 to become one of the year's bestsellers, Hypershell has become the world's top-selling consumer exoskeleton brand. The company ranks first in both sales volume and market share in the exoskeleton category on JD.com and continues to lead sales rankings on Amazon in the US and Europe — establishing itself as a truly global leader in exoskeleton technology. From zero to number one, the consumer exoskeleton sector has reached a defining moment with a Chinese brand at the helm.
Hypershell Raises $50 Million in Series B+ Round,
Tech Giants Double Down on the Future of Consumer Exoskeletons
Hypershell has successfully completed its Series B+ round with $50 million in funding. The round was led by Ant Group and Meituan Longzhu, with Sofina and Granite Asia participating, and Cygnus Equity serving as exclusive financial advisor.
As the pioneer and global sales leader in its category, Hypershell's commercial value and industry leadership have earned high recognition from capital markets. This round of funding will accelerate Hypershell's investments in technology R&D, global market expansion, and consumer scenario applications, further consolidating its leading position in the global exoskeleton market.
Global Number One Is Just the Beginning,
Moving Forward with Conviction Amid Rapid Change
Exoskeleton products were once confined to medical rehabilitation and industrial assistance due to high costs and bulky form factors. Hypershell broke through these boundaries through proprietary innovations including its "Omega" patent architecture and AI MotionEngine™ algorithm, solving the traditional pain points of high price, heavy weight, and low intelligence to bring exoskeletons to a broader consumer base. Hypershell exoskeletons are now serving diverse scenarios including daily commuting, outdoor sports, and professional rescue operations. The global success of the Hypershell X series marks exoskeletons' successful crossover from specialized industrial and medical applications to the mass consumer market. From its first prototype to global consumer adoption, Hypershell has demonstrated Chinese brands' global competitiveness in hard tech innovation in just three years.
Kuan Sun, Hypershell's founder and CEO, said in an internal address: "We started with a simple but unwavering idea — to help people go further. From the birth of our first prototype to being discovered by the world through crowdfunding; from zero to one, and then into more than 70 countries, making the real lives of tens of thousands of users better. None of this happened naturally. It took countless iterations and do-overs, an obsessive attention to detail. For us now, this is the starting point of the next phase."
New Hypershell X Series Global Launch: May 20, 8:00 PM
On May 20, Hypershell will globally launch its new X series. As the first end-to-end consumer exoskeleton certified by TÜV Rheinland, the new X series integrates HyperIntuition™ algorithms with multiple new features to enable real-time adaptive assistance that follows human movement. It no longer relies on preset gait templates but precisely interprets user movement intent, achieving instinctive "sense-and-respond" coordination. Whether stopping or starting abruptly, transitioning from flat ground to slopes, or navigating uneven rocky terrain, the assistance connects seamlessly and follows naturally.
The global launch of the Hypershell X series marks exoskeletons' official transition from traditional rule-based motion modeling to end-to-end motion control — integrating perception, recognition, prediction, and action planning into a complete closed-loop system. Beyond software algorithms that "understand people better," the new Hypershell X series also delivers more powerful hardware and core technology upgrades, truly enabling users to go further with less effort.
May 20, 8:00 PM — the global launch of the new Hypershell X series will redefine the boundaries of exoskeletons: respond instantly, move freely.
【About Hypershell】
Founded in 2021, Hypershell is a global leader in exoskeleton technology dedicated to empowering human exploration. Its exoskeleton products adapt in real time to terrain, activity, and intent, making movement lighter and more natural. With SGS-certified performance and tens of thousands of units sold across more than 70 countries, Hypershell aims to enhance rather than replace human capability. Hypershell is shaping a future where wearable robots become as essential as backpacks.
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