Sarcos Robotics announces second closing of $15 million series A financing

 

Source: Utah Business  |

Salt Lake City and Bellevue, Wash.— Sarcos Robotics, a global leader in the development of dexterous robots for use in unstructured environments, announced Tuesday the second closing of its Series A funding round. This financing, together with development funding secured from its customers and partners, brought Sarcos’ total 2016 funding to more than $25 million. Proceeds from the financing will be used to expand the Sarcos team, commercialize Sarcos’ advanced robotics technologies and expand its sales and marketing efforts.

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