Verve Motion Raises $20M in Series B Funding
Summary
The round, which brought the total amount to over $40M, was led by Safar Partners, with new investments from Cybernetix Ventures as well as existing investors, including Construct Capital, Pillar VC and OUP. Led by CEO Ignacio Galiana, Verve Motion is a wearable robotics technology, committed to improving the lives of workers across various industries. With a focus on innovation and ergonomics, safety, and productivity, the company is developing soft exosuits that redefine the way people work. Its comfortable form factor, which wears like a backpack, is designed to power and protect industrial workers. SafeLift exosuit includes a cloud platform with motion-based sensors for automatic detection of risky movements like excessive bending and twisting.