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NEWS October 3, 2016

Bioservo raises 22 MSEK from Borje Salming and others 


STING alumni Bioservo Technologies is developing a robotic glove with NASA and General Motors. Now the company takes up 22 million crowns from, among others Börje Salming.

Bioservo was part of STING in 2006-2007. Its robotic glove feels what the user wants to do, for example as grabbing a hammer, and strengthens the grip automatically.

– When you wear the glove it feel like you have a stronger hand. You can hold a tool weighing two kilograms without dropping it, and you can hold an egg without crushing it. The force is applied proportionately, says Thomas Ward, CEO of Bioservo.

One of the largest customers in Sweden’s Public Employment Service, which buys the gloves for people who, for example, need them to be able to come back to work after an injury.

The next step for Bioservo include developing a product for the manufacturing industry. The company has a partnership with General Motors and NASA, related to the upcoming product. The space agency and the automotive giant have previously developed a robotic glove together – and now Bioservo is also part of the partnership.

Among the investors are also Håkan Björklund, former CEO of pharmaceutical company Nycomed, sold to Japanese Takeda for 85 billion SEK in 2011. Håkan Björklund invests through the company Tellacq, run by a group of private investors, which accounts for the lion’s share of the 22 million. The two former hockey pros Börje Salming and Fredrik Olausson also participated in the round.

> More on Bioservo Technologies 


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