Sarcos raises $40 million to bring its Guardian XO exoskeleton to market – TechCrunch

The COVID-19 pandemic has proven a significant catalyst for robotics investments, as companies look to invest in Utah-based Sarcos Robotics bucks the trend a bit, however, as the purveyor of a technology designed to augment an existing human workforce, rather than replacing a significan…

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Utah-based Sarcos Robotics bucks the trend a bit, however, as the purveyor of a technology designed to augment an existing human workforce, rather than replacing a significant chunk through automation.

Back in January at CES, Delta announced that it would be partnering with Sarcos to outfit its ground crew with exoskeletons designed to help them lift up to 200 pounds without fatigue.

Sarcos is one of a number of companies producing exoskeletons for industrial use, a list that also includes Rewalk, Ekso, SuitX and automotive makers like Honda.

Today the robotic exoskeleton creator announced a $40 million Series C raise, led by Rotor Capital, with a number of existing investors plunking down additional funding.

The COVID-19 pandemic has proven a significant catalyst for robotics investments, as companies look to invest in automation.

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