# BIONIK Laboratories

**Source:** https://www.startuphub.ai/startups/bionik-laboratories
**Profile type:** Startup

> Robotics and AI company developing rehabilitation solutions for neurological and mobility impairments.

## About

BIONIK Laboratories Corp. is a healthcare company focused on improving the quality of life for individuals with neurological or mobility impairments. They combine artificial intelligence and robotics technology to help patients regain mobility, enhance autonomy, and improve their recovery outcomes. Their products are used in hospitals, clinics, and are being developed for home use.

## Key facts

- **Slug:** bionik-laboratories
- **Website:** https://venn.tv
- **Location:** Toronto, Canada
- **Founded:** 2010-01-01
- **Operating status:** Active
- **Total funding:** $8M
- **Sectors / tags:** Robotics, Medical Devices, Rehabilitation Technology, Assistive Technology, AI, Data Analytics, Healthcare Technology, Neurological Rehabilitation, Exoskeletons, Computer Vision
- **Social:**
  - Twitter: https://x.com/BionikLabs
  - Facebook: https://www.facebook.com/BionikLabs/

## Frequently asked

### What does BIONIK Laboratories do?

BIONIK Laboratories Corp. is a healthcare company focused on improving the quality of life for individuals with neurological or mobility impairments. They combine artificial intelligence and robotics technology to help patients regain mobility, enhance autonomy, and improve their recovery outcomes. Their products are used in hospitals, clinics, and are being developed for home use.

### What is BIONIK Laboratories's revenue?

StartupHub estimates BIONIK Laboratories's annual revenue at $1.5M (range $598K to $2.3M, 30% confidence), based on comparable companies in the sector.

### What is BIONIK Laboratories's valuation?

StartupHub estimates BIONIK Laboratories's effective valuation at $29.0M (range $20.4M to $48.9M, 10% confidence), based on comparable companies in the sector.

### How much funding has BIONIK Laboratories raised?

BIONIK Laboratories has raised a total of $8M in funding. The most recent round on record is Seed.

### Where is BIONIK Laboratories headquartered?

BIONIK Laboratories is headquartered in Toronto, Canada.

### When was BIONIK Laboratories founded?

BIONIK Laboratories was founded in 2010.

### What industry does BIONIK Laboratories operate in?

BIONIK Laboratories operates in Robotics, Medical Devices, Rehabilitation Technology, Assistive Technology, AI, Data Analytics.

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