Hypershell Raises $70 Million, Oasis Capital Increases Its Stake | Oasis Vitality

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Hypershell, a consumer exoskeleton brand and Pre-A round lead investment of Oasis Capital, has completed two consecutive funding rounds totaling $70 million — a Pre-B and a B round — within just a few months.

The B round was co-led by Luminous Ventures and 5Y Capital, with Meituan Longzhu participating. The Pre-B round was led by Monolith, with 5Y Capital following on. Oasis Capital, as an existing shareholder, continued to invest in the B round and made an additional investment in the Pre-B round; IDG Capital and HSG also made additional investments in the Pre-B round as existing shareholders. Cygnus Equity served as the exclusive financial advisor.

Following this funding round, Hypershell's post-money valuation approaches $400 million, further cementing its position as an industry leader.

As a trailblazer in the space, Hypershell is the world's first team to achieve mass production and commercialization of consumer-grade exoskeletons. Although the concept of "consumer exoskeletons" was once widely dismissed within the industry as "impractical science fiction" and faced substantial skepticism, Hypershell has remained steadfast in advancing product development through deep technical expertise and forward-looking industry vision.

In 2023, the company launched its first Kickstarter crowdfunding campaign, securing over $1 million in backing and earning a spot on the platform's annual Best Seller list. Since then, it has completed multiple funding rounds with cumulative capital raised nearing $100 million, backed by several top-tier institutions.

The completion of this funding round underscores capital markets' strong recognition of Hypershell's technical capabilities, commercial execution, and future prospects. As the consumer exoskeleton industry transitions from concept to industrial-scale deployment, the sector is reaching an inflection point for accelerated growth. With its leading technology and product capabilities, Hypershell is positioned at the core of driving this emerging category toward maturity.

Product & Technical Strength: An AI-Powered "Second Engine"

Hypershell's core competitiveness stems from its robust in-house R&D capabilities. The founding team hails from top-tier smart hardware companies, with a research and development team of nearly two hundred people and hundreds of core patents accumulated in exoskeleton technology. Its product portfolio precisely addresses needs ranging from early adopters to professional users.

Hypershell X Series: The Market-Validated Pioneer

As the company's first mass-produced product, the Hypershell X series made waves upon launch. It successfully brought professional-grade exoskeleton capabilities into the consumer market through powerful performance specifications.

  • Powerful output: Equipped with motors peaking at 800W, it delivers robust assistance that effectively offsets 30% of perceived body load.
  • Extended range: Under typical use conditions, battery life reaches 15–17.5 kilometers, satisfying single long-distance hikes or full workday demands.
  • Global recognition: Winner of the "CES 2025 Best of Innovation Award," signifying worldwide validation of its industrial design and technical innovation.

Hypershell X Ultra: The Next Leap in Performance and Intelligence

Launched this September, the Hypershell X Ultra represents another concentrated demonstration of Hypershell's capabilities, achieving generational leaps in both power systems and AI algorithms.

  • AI algorithm upgrade: Features second-generation AI motion-intent recognition, enabling more precise and rapid prediction of user movements. The algorithm recognizes and adapts to 12 distinct postures, with terrain-specific modes for activities such as cycling and hiking, achieving true human-machine collaborative adaptation.
  • Efficiency revolution: Through coordinated optimization of power systems and algorithms, overall effectiveness improved by 25%, delivering 2.5x battery life from the same capacity.
  • Repeat recognition: Once again won "Best of Innovation" at IFA Berlin 2025, securing back-to-back awards at top-tier international exhibitions.

Industry Leadership: World's First SGS-Certified Exoskeleton Product

As a category creator, Hypershell understands that its responsibility extends beyond launching excellent products to fostering the healthy, standardized development of the entire industry.

The Hypershell Ultra series is the world's first exoskeleton product to receive certification from third-party authority SGS. Against a backdrop of missing standards and rampant spec inflation in the current consumer exoskeleton market, this move carries milestone significance. It means that core performance parameters such as assistance effectiveness now have verifiable, standardized benchmarks. This not only provides consumers with reliable purchase guidance, but also demonstrates Hypershell's vision and resolve as an industry leader in driving the market toward transparency and standardization.