Tech Company Financing Transactions
Sanctuary AI Funding Round
Sanctuary AI, based in Vancouver, British Columbia, raised investment capital from BDC Capital and InBC Investment.
Transaction Overview
Company Name
Announced On
7/9/2024
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to further accelerate its progress towards bringing AI into the physical world.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
425 West 6th Avenue
Vancouver, British Columbia, V5Y 1L3
Canada
Vancouver, British Columbia, V5Y 1L3
Canada
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Sanctuary is on a mission to create the world's first human-like intelligence in general-purpose robots. The year was 2018. Co-founders Geordie Rose, Suzanne Gildert, Olivia Norton, and Ajay Agrawal established Sanctuary as a safe place for those with a shared passion for AI and robotics to gather and work collaboratively on perhaps the most complex technical challenge in front of humankind: how to build a human-like brain and system that's capable of executing human-like tasks in a safe way.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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