December 20, 2016      

Superflex today said that it has raised $9.6 million for the first round of investment in its "powered clothing."

The Menlo Park, Calif.-based company is a spinoff of SRI International, which developed wearable robotics to help soldiers carry heavy loads with funding from the Defense Advanced Research Projects Agency (DARPA).

Superflex's wearable technology is being positioned for the consumer market rather than military use.

"We're just coming out of stealth mode," said Rich Mahoney, CEO of ...

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