Hypershell Tech Closes New Funding Round, Bringing Series B Total to $120 Million | Oasis Capital Vitality

Hypershell Tech, a global leader in exoskeletons and an Oasis Capital-led Pre-A portfolio company, has announced the completion of a $50 million Series B+ round. The round was led by Ant Group and Meituan Longzhu, with Sofina and Granite Asia participating, and Cygnus Equity serving as exclusive financial advisor.

This brings total Series B funding to $120 million.

In 2023, Hypershell's first-generation product surpassed $1 million in its Kickstarter debut, becoming one of the year's bestsellers. In less than three years, Hypershell Tech has become the world's top-selling consumer exoskeleton brand*. It 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 United States and Europe — establishing itself as a truly global leader in exoskeletons.

From zero to number one: the consumer exoskeleton track reaches its defining moment for a Chinese brand.

"Global number one" is just the starting point — pressing forward amid rapid change

A user wearing Hypershell exoskeleton gear during outdoor activities

Exoskeleton products were once confined to medical rehabilitation and industrial assistance due to prohibitive 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 everyday consumers. Hypershell exoskeletons now serve diverse scenarios including daily commuting, outdoor recreation, 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 availability, Hypershell has demonstrated Chinese brands' competitive strength in hard tech innovation in just three years.

Hypershell ranks first in exoskeleton category sales and market share on JD.com

In an internal address, Hypershell founder and CEO Kuan Sun stated: "We started from one simple, unwavering idea — enabling people to go further. From the birth of our first prototype to being discovered through crowdfunding; from zero to one, then into more than 70 countries, improving the real lives of tens of thousands of users. None of this happened naturally. It took countless iterations and restarts, an obsessive attention to detail. For us, this is the starting point of the next phase."

Design sketches from Hypershell's first crowdfunded product

All-new Hypershell X series: launching globally

On May 20 at 20:00, Hypershell will globally unveil its new X series at a launch event.

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, instead precisely interpreting user movement intent to achieve "sense-and-respond" instinctive coordination. Whether stopping or starting abruptly, transitioning from flat ground to slopes, or navigating uneven rocky terrain, 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 behavioral planning into one 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.

*Hypershell is the world's number one consumer wearable robotic exoskeleton by sales volume in 2025. (Source: FORTUNE BUSINESS INSIGHTS PRIVATE LIMITED, ranked first globally in consumer wearable robotic exoskeleton market share by unit sales in 2025, based on research completed in May 2026)