SALT LAKE CITY & BELLEVUE, Wash.–(BUSINESS WIRE)–September 5, 2018– Sarcos® Robotics, a global leader in robotic systems Robot ##ics company Sarcos Inc has raised $ 30 m to develop devices that augment , rather than replace , human workers in the industrial , public safety and military sectors . The Series B funding was led by DIG Investment and Alex Brown , and backed by earlier investors Caterpillar Ventures , Cottonwood Technology Fund , GE Ventures , Microsoft , Intel and Sarcos CEO Ben Wolff . The funding will back team expansion and the development of the firm ’s Guardian S mobile IoT inspection and recovery robot . It will also help the commercial launch of its industrial exoskeleton Guardian XO range .
Robot ##ics company Sarcos Inc has raised $ 30 m to develop devices that augment , rather than replace , human workers in the industrial , public safety and military sectors . The Series B funding was led by DIG Investment and Alex Brown , and backed by earlier investors Caterpillar Ventures , Cottonwood Technology Fund , GE Ventures , Microsoft , Intel and Sarcos CEO Ben Wolff . The funding will back team expansion and the development of the firm ’s Guardian S mobile IoT inspection and recovery robot . It will also help the commercial launch of its industrial exoskeleton Guardian XO range .