Tech Company Financing Transactions
Verve Motion Funding Round
Verve Motion, based in Cambridge, received $20 million from Safar & Partners, Construct Capital and Cybernetix Ventures.
Transaction Overview
Company Name
Announced On
12/13/2023
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors
Safar & Partners (Lead Investor)
private investors (Frederic Kerrest)
Proceeds Purpose
The Series B funding round, which will play a pivotal role in supporting the company's goals of market expansion and scaling manufacturing to meet demand.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
80 Trowbridge St.
Cambridge, MA 02138
USA
Cambridge, MA 02138
USA
Phone
Website
Email Address
Overview
Verve began when a group of engineers, designers and scientists from Harvard saw the potential to combine robotics, apparel design, and movement science to create robots people could (and would want to) wear all day every day.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ignacio Galiana
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