With a snake robot and Ironman-like exoskeleton, Sarcos is a true cutting edge company on the shores of Salt Lake
Salt Lake City robotics startup Sarcos has closed on a $15.625 million Series A funding round, the company announced late Tuesday, led by oil field services company Schlumberger. Microsoft, GE Ventures, and Caterpillar all participated.
They specialize in rough terrain and precision robotic parts, offering things like its so-called snake robot the Guardian S for rescue operations and military applications, the Guardian GT – Big Arm, and the Guardian XO exoskeleton suit for heavy lifting.
Schlumberger Executive VP of Technology Ashok Belani joins the board in a round that brings Sarcos’s total haul to more than $25 million following a $10 million round just four months ago. He joins Microsoft VP Kevin Dallas, Caterpillar Ventures’ Michael Young, and GE Ventures’ Ralph Taylor-Smith. They will use the rapid follow-on funding to more quickly “commercialize Sarcos’s advanced robotics technologies.”
They brand themselves as a global leader in robotics for “unstructured environments,”
“With more than 8 million people injured or killed on the job each year in the US alone, there is substantial demand for robots that can carry out challenging tasks that are too dangerous or difficult for humans,” Sarcos Co-Founder, Chairman and CEO Ben Wolff said at the time of their September investment. “Our human-operated robots are designed to perform meaningful, highly dexterous work in real-world settings while keeping people out of harm’s way.”
Their exoskeleton won them fame way back in 2010 when it was dubbed by TIME one of the 50 best inventions of the year. There have been a lot of developments in the exoskeleton industry since then, but mainly for helping the disabled rather than enhance strength. ReWalk, Ekso GT and Indego have all brought their machines to the market.
There are plenty of startups working on dexterous robotics. Cambridge, Massachusetts company RightHand raised just over $3 million in a venture round in October 2015, and Shadow Robot is building robotic hands out of London