Sanctuary AI
Latest round
- Series A
Last raised
- Mar 2022
Total raised
- $59M
Investors
- 10
About Sanctuary AI
Founded in 2018 in Vancouver, Canada, Sanctuary AI is a artificial intelligence company focused on developing advanced humanoid robots. Their flagship product, the Phoenix robot, aims to resolve labor shortages in critical sectors by mimicking human abilities in industrial environments. Sanctuary AI specializes in creating humanoid robots designed to alleviate the global labor crisis. The company was co-founded by Geordie Rose, Olivia Norton, and Suzanne Gildert. Sanctuary AI specializes in the development and deployment of advanced humanoid robots, particularly the Phoenix robot. These robots address the global labor crisis in sectors facing workforce challenges by performing industrial-grade tasks in automotive, manufacturing, and logistics. The Phoenix robots utilize embodied AI to closely replicate human movement and cognition, targeting industries in North America and Europe that require reliable labor solutions. Sanctuary AI's revenue model is based on direct sales and business-to-business transactions, providing customized robotic solutions for sectors such as automotive and logistics. Transactions often involve long-term contracts for deploying humanoid robots, ensuring a consistent revenue flow as clients integrate these technologies into their operations. the company plans to use May 2026 to to accelerate the development of new materials in the robotics field.
Who invested in Sanctuary AI
10 investors across 2 rounds
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Questions about Sanctuary AI
Who invested in Sanctuary AI?
Sanctuary AI has 10 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Sanctuary AI raised?
Sanctuary AI has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Sanctuary AI last raise money?
Sanctuary AI's most recent round on record is a Series A, in Mar 2022.
What does Sanctuary AI do?
Founded in 2018 in Vancouver, Canada, Sanctuary AI is a artificial intelligence company focused on developing advanced humanoid robots.
Where is Sanctuary AI headquartered?
Sanctuary AI is headquartered in Vancouver, Canada.
Which VCs invest in companies like Sanctuary AI?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back electronics companies at Sanctuary AI's stage. Their profiles are linked below.
VCs backing electronics startups at Series A
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