Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

Tibion Bionic Technologies

Explore full profile

AlterG | Anti-Gravity Treadmill | Bionic Leg

Mountain View, United StatesFounded 2002Biotechnology
Valuation $50–100M Last recorded · 2011
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Tibion Bionic Technologies and the history behind them.

About Tibion Bionic Technologies

Founded in 2002 by Robert Horst and Kern Bhugra, Tibion Bionic Technologies operated in the therapeutic devices market with a focus on creating bionic solutions for mobility-impaired individuals. The inspiration for the company came from founder Robert Horst's personal experience with knee surgery in high school, which highlighted the need for technological advancements beyond traditional crutches and canes. With a background in electrical and computer engineering, including pioneering contributions in fault-tolerant systems, Horst applied his expertise to develop the company's core product.

Tibion's flagship product was the Tibion Bionic Leg, a wearable, battery-powered robotic mobility assistance device designed for rehabilitation. It was not a permanent prosthesis but a therapeutic tool used by clinicians to help patients with lower extremity dysfunction regain strength, improve gait, and enhance motor learning. The device functioned by detecting a patient's intention to move via a foot sensor that registered weight shifts. When the patient intended to stand, walk, or climb stairs, the Bionic Leg provided powered assistance to extend the leg. Conversely, it applied resistance for controlled movements like sitting down or descending stairs. This active participation by the patient was designed to leverage neuroplasticity, the brain's ability to form new neural connections, to help restore function after events like a stroke.

The company's business model centered on selling the Bionic Leg to physical therapy facilities, hospitals, and skilled nursing facilities. By late 2012, over 100 units were in use worldwide. Tibion also offered an "Access Plan," a monthly subscription model that allowed clinics to use the latest technology without a large capital investment. The company secured at least $16.7 million in funding from investors including Claremont Creek Ventures, Three Arch Partners, and Tekla Capital Management. In June 2013, Tibion Bionic Technologies was acquired by AlterG, a company specializing in rehabilitation technologies like the Anti-Gravity Treadmill, to expand the production and global availability of the Bionic Leg. Following the acquisition, Robert Horst became AlterG's Chief Technology Officer of Robotics.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2002
Headquarters
Mountain View, United States
Employees
4
Open positions
None listed
Dealroom signal
48.8/100
Sector
Biotechnology
Client focus
b2b

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Jun 2013 $0 — AlterG —
DEBTDebt Jul 2012 $1.7M — Undisclosed —
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

Tibion Bionic Technologies website traffic

Latest recorded traffic for Tibion Bionic Technologies is 60 monthly website visits.

Latest monthly visits60
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A5 investors entered at this stage

  • Claremont Creek Ventures (CCV)
  • Saratoga Ventures
  • Claremont Creek Ventures
  • Hambrecht & Quist Capital Management
  • Three Arch Partners

Other known investors1 additional known investor

  • AlterG
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Tibion Bionic Technologies on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Tibion Bionic Technologies’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.