Tech Company Financing Transactions
Sarcos Robotics Funding Round
Sarcos Robotics closed a $40 million Series C funding round on 9/2/2020. Investors included Rotor Capital and private investors.
Transaction Overview
Company Name
Announced On
9/2/2020
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series C
Investors
Rotor Capital (Lead Investor) (Brian Finn)
Proceeds Purpose
The Series C funding will be used to begin commercial production of the company's GuardianA XOA industrial exoskeleton-the world's first full-body, battery-powered wearable industrial robot designed to increase strength and endurance-scheduled for commercial release in 2021.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
360 Wakara Way
Salt Lake City, UT 84108
USA
Salt Lake City, UT 84108
USA
Phone
Website
Email Address
Overview
Sarcos Robotics (Sarcos Corp.) is a global leader in the development and production of dexterous robotic systems for use in unstructured environments.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ben Wolff
Chief Financial Officer
Steve Hansen
Chief Operating Officer
James Ryder
Chief Scientific Officer
Denis Garagic
Chief Technical Officer
Fraser Smith
President
Thomas Jackson
VP - Bus. Development
Scott Hopper
VP - Engineering
Marc Olivier
VP - General Counsel
Julie Wolff
VP - Human Resources
Teresa Schlegel
VP - Product Management
Kristi Martindale
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We document every notable VC transaction. All VC database entries reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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