No 8 Ventures

Rex Bionics – Listing on the AIM market

Posted by: | Jenny Morel | New Zealand | Technology | 04.08.2014

No 8 Ventures is delighted to announce that Rex Bionics, one of our portfolio companies, has listed on the AIM market in the UK, ticker RBX.

Rex has always had an amazing product.

rex

Now it has the funding to scale the business.

Rex Bionics’ Robotic Exoskeleton, Rex, enables wheelchair users to walk, including going up and down stairs. It is the only device of its kind in the world that supports the user with no crutches required – leaving the hands free.

Rex Bionics will remain based in Auckland, New Zealand, where it will expand its manufacturing operation while the sales & marketing activities will be built up in Europe and the USA.

Congratulations to all involved.

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