Sarcos Robotics, a global leader in the production of robots that augment humans to enhance productivity and safety, announced that it has raised $40 million in an oversubscribed Series C financing round.
The Series C round was led by Rotor Capital, with most of the company’s existing investors participating in the financing.
The Series C funding will be used to begin commercial production of the company’s Guardian XO 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. [Read more…] about Sarcos Robotics raises $40 million in Series C funding