Tech Company Financing Transactions
Sarcos Robotics Funding Round
Caterpillar Venture Capital, GE Ventures and Microsoft invested in a $15.6 million Series A venture round for Sarcos Robotics. The round was announced by the company on 1/5/2017.
Transaction Overview
Company Name
Announced On
1/5/2017
Transaction Type
Venture Equity
Amount
$15,625,000
Round
Series A
Investors
Proceeds Purpose
Proceeds from the financing will be used to expand the Sarcos team, commercialize Sarcos' advanced robotics technologies and expand its sales and marketing efforts.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
360 Wakara Way
Salt Lake City, UT 84108
USA
Salt Lake City, UT 84108
USA
Phone
Website
Email Address
Overview
Sarcos Robotics (Sarcos Corp.) is a global leader in the development and production of dexterous robotic systems for use in unstructured environments.
Management Team
Title
Name
Email & Social
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We document every notable VC transaction. All VC database entries reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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