# Sanctuary AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sanctuary-ai

- Industry: Electronics
- Headquarters: Vancouver, Canada
- Website: www.sanctuary.ai
- Total disclosed funding: $59M
- Latest round: Series A (Mar 2, 2022)
- Investors on record: 10

## About

.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. In May 2026, Sanctuary AI raised an undisclosed amount in venture funding from Zeon Ventures. 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.

## Funding rounds

- Series A, Mar 2, 2022, $59M — Export Development Canada, Bell Canada Enterprises, Magna International Inc., Verizon Ventures, Workday Ventures, Evok Innovations, Saint Elizabeth Health Care
- Seed, Dec 21, 2018 — Conconi Growth Partners, Panache Ventures, Saltagen Ventures

## Investors

- Conconi Growth Partners (https://capitalatlas.ai/funds/conconi-growth-partners) — Seed
- Panache Ventures (https://capitalatlas.ai/funds/panache-ventures) — Seed
- Saltagen Ventures (https://capitalatlas.ai/funds/saltagen-ventures) — Seed
- Export Development Canada — Series A
- Bell Canada Enterprises — Series A
- Magna International Inc. — Series A
- Verizon Ventures (https://capitalatlas.ai/funds/verizon-ventures) — Series A
- Workday Ventures (https://capitalatlas.ai/funds/workday-ventures) — Series A
- Evok Innovations (https://capitalatlas.ai/funds/evok-innovations) — Series A
- Saint Elizabeth Health Care — Series A
