Sarcos Robotics raises $25 million in funding from the likes of Microsoft and General Electric

Sarcos Robotics exoskeleton
The Sarcos Robotics exoskeleton, or dexterous robotic system

Startup company Sarcos Robotics has raised another $15.625 million in financing, bringing its total funding to $25 million.

The company’s investors include Caterpillar, Microsoft and GE Ventures.

Sarcos is developing an exoskeleton which the company describes as a “dexterous robotic system for unstructured environments”.  Continue reading Sarcos Robotics raises $25 million in funding from the likes of Microsoft and General Electric

Caterpillar, GE and Microsoft invest in Sarcos Robotics exoskeleton

sarcos guardian exoskeleton

Sarcos Robotics says its Guardian exoskeleton (pictured) will be capable of lifting hundreds of pounds when it is commercially available

Sarcos Robotics, a developer of dexterous industrial robots for use in unstructured environments, has secured $10.5 million in funding from a group of top-tier strategic investors including Caterpillar Ventures, GE Ventures, and Microsoft.

Additionally, Cottonwood Technology Fund and two other private investment firms, together with the company’s three co-founders, Ben Wolff, Dr Fraser Smith and Dr Marc Olivier, invested in the financing round.

The company says the infusion of capital will be used to expand the Sarcos team and to accelerate the production and deployment of Sarcos’ Guardian line of robots that are significantly reducing the risk of injury and the cost of performing many of the world’s most dangerous and difficult tasks.  Continue reading Caterpillar, GE and Microsoft invest in Sarcos Robotics exoskeleton