Tech Company Financing Transactions
Sanctuary Cognitive Systems Corporation Funding Round
On 3/2/2022, Sanctuary Cognitive Systems Corporation raised $58.5 million in Series A funding from Bell Canada, Evok Innovations and Export Development Canada.
Transaction Overview
Company Name
Announced On
3/2/2022
Transaction Type
Venture Equity
Amount
$58,500,000
Round
Series A
Investors
Evok Innovations (Marty Reed)
Verizon Ventures (Michelle McCarthy)
Proceeds Purpose
A company focused on creating the world's first human-like intelligence in general-purpose robots.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
1825 Quebec St
Vancouver BC, VT V5T 2Z3
Canada
Vancouver BC, VT V5T 2Z3
Canada
Phone
Undisclosed
Website
Email Address
Overview
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 in 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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Geordie Rose
Chief Financial Officer
Philip Smith
Chief Marketing Officer
Ben Reed
Chief Technical Officer
Suzanne Gildert
VP - Engineering
Matt Ellis
VP - Operations
Brad Bycraft
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