How much funding has Armastec raised?

Armastec has raised $480K in total funding, most recently a Seed round.

Who are Armastec's investors?

Armastec's investors include Iterative, MedTech Innovator.

Where is Armastec headquartered?

Armastec is headquartered in Singapore, Singapore.

What industry is Armastec in?

Armastec operates in Healthcare.

Armastec

Acquired

Empowering the human body through fabric exoskeletons

Singapore, Singapore · Founded 2021 · $480K raised

Healthcare

Headquarters: Singapore
Employees: 1–10
Founded: 2021
Business Model: B2B

Website: armastec.com
Total Funding: $480K
Last Round: $480K SeedJan 2024
Rounds: 1

About

Armastec is a Singapore-based deep-tech company developing fabric exoskeletons to protect workers from back injuries in industrial environments. Its flagship product, the AireLevate, is a lightweight wearable exoskeleton (1.5 kg) that provides up to 55% lifting support, enabling workers across manufacturing, logistics, healthcare, and construction to perform manual tasks more safely and sustainably. Founded in 2021–2022, Armastec partners with organizations such as Singapore General Hospital (SingHealth) to develop next-generation assistive exosuits and expand its reach globally.

Summary

Armastec is a Healthcare company based in Singapore, Singapore, founded in 2021. It has raised $480K in total across 1 round, most recently a $480K Seed round in Jan 2024. Investors include Iterative and MedTech Innovator.