Sanctuary AI is a Canadian startup that aims to revolutionize the robotics industry by developing the world's first human-like intelligence in general-purpose robots. Founded in 2018, the company's mission is to create robots that will enhance work safety, efficiency, and sustainability, with aspirations to eventually contribute to outer space exploration and settlement.
The team behind Sanctuary AI boasts an impressive track record, with members who have previously founded companies such as D-Wave, a quantum computing pioneer, and Kindred, known for introducing reinforcement learning in production robots. Additionally, the team has experience in advancing market-defining innovations rooted in complex scientific problems, as evidenced by their involvement with the Creative Destruction Lab.
Specializing in AI, Automation, Robotics, and Machine Learning, Sanctuary AI secured a $328.30KVenture Round investment on 03 July 2024, with funding from InBC Investment Corp. and BDC Venture Capital.
Overall, Sanctuary AI presents a promising opportunity for investors seeking to support groundbreaking advancements in the integration of human-like intelligence in robotics, potentially shaping the future of work and exploration. With its experienced team and focused mission, the startup has positioned itself as a key player in the evolution of intelligent robotics technology.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | $328.30K | 2 | BDC Venture Capital | 03 Jul 2024 |
Venture Round | Unknown | 1 | Accenture Ventures | 27 Mar 2024 |
Grant | $30.00M | 1 | Strategic Innovation Fund | 01 Dec 2022 |
Series A | $75.50M | 7 | Bell Canada | 02 Mar 2022 |
Seed Round | Unknown | 1 | 24 Nov 2020 |