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Verve Motion Raises $15M for Wearable Robotics System

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July 15, 2021

Wearable robotics startup Verve Motion has announced it raised $15 million in Series A funding. The company is developing a new class of connected wearable technology for the industrial sector by integrating robotics into functional apparel.

The funding round was led by Construct Capital, with follow-on investments from existing investors Founder Collective, Pillar VC, Safar Partners, OUP, and several angel investors. Founded in 202, the company emerged from the lab of Professor Conor Walsh at Harvard’s Wyss Institute and the John A. Paulson School of Engineering and Applied Sciences.

The new round of funding comes following a successful pilot with ADUSA Supply Chain network, in which it rolled out its exosuit to essential grocery distribution employees to improve worker health and safety. The company has been in stealth mode since raising their initial seed round during the COVID-19 pandemic.

“Our mission is to advance worker safety and well-being by creating the next generation of wearable technology,” said Ignacio Galiana, co-founder and CEO of Verve Motion. “This new round of funding will fuel the continued development of our solution and scale operations to meet the growing demand for our product in order to get it to the workers who need it most right now.”

The inaugural product, SafeLift, is a lightweight, software-enabled system that combines real-time movement sensing with robotic assistance, in a comfortable and ergonomic form factor to protect and empower industrial workers. SafeLift adapts to a worker’s tasks, movement, and speed and assists only when needed, reducing strain on a worker’s back by 30 to 40% during a typical workday, Verve Motion said. The system includes more than 12 hours of battery life, and doesn’t require any complex integration. The technology is also connected to the cloud and is AI-enabled, providing automated ergonomics analysis that gives industrial leaders valuable insights to enhance the safety of their workforce.”

“By connecting robotics and movement to a software system, they are laying the basis for how to improve worker experience in the industrial space,” said Dayna Grayson, co-founder and general partner at Construct Capital.

For more details on the Verve Motion SafeLift, visit the company’s website here.


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