Wearable robotics start up Verve Motion has raised US$15m (£10.9m) in series A funding, following the successful launch of its software-enabled exosuits.
Launched in 2020, the company has designed connected wearable technology for the industrial sector by integrating robotics into functional apparel.
This latest round of funding will help it to scale up the business and comes after a pilot with ADUSA Supply Chain network, in which it rolled out its inaugural product SafeLight.
The wearable solution combines real-time movement sensing with robotic assistance. It has been designed to enable grocery distribution employees to improve worker health and safety.
“Our mission is to advance worker safety and well-being by creating the next generation of wearable technology. This new round of funding will fuel the continued development of our solution and scale operations to meet the growing demand for our product in order to get it to the workers who need it most right now,” said Ignacio Galiana, CEO of Verve Motion.
SafeLift adapts to worker tasks, movement and speed and assists only when needed, reducing strain on a worker’s back by 30 to 40% during a typical workday. It has 12+ hours of battery life and doesn’t require any complex integration.
According to Verve Motion, beyond taking the strain off a worker’s body, the technology is connected to the cloud and is AI-enabled, providing automated ergonomics analytics that give businesses insights to enhance the safety of their workforce.
“By connecting robotics and movement to a software system, [Verve Motion] are laying the basis for how to improve worker experience in the industrial space, and we’re excited to support them as they continue,” added Dayna Grayson, general partner at Construct Capital which led the series A round.
Follow-on investments came from existing investors, Founder Collective, Pillar VC, Safar Partners and OUP.
