Hypershell takes $50M more on $120M Series B series as consumer exoskeletons step out of niche

Hypershell, a Shanghai-based consumer exoskeleton startup, has raised a $50M Series B+ co-led by Ant Group and Meituan Dragonball, bringing its total Series B funding to $120M at a near-$400M valuation. The round follows $70M raised in November 2024 and coincides with the global launch of the New Hypershell X Series on May 20. The product claims Amazon leadership in the US and Europe by sales volume, features an AI motion-control algorithm called HyperIntuition, and is the first consumer exoskeleton verified by TÜV Rheinland. Strategic investors Ant Group and Meituan Dragonball bring distribution advantages into the Chinese consumer market, while the company already operates in 70+ countries with ~100 staff.