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Flush with Capital and Tech, Sanctuary AI Positions Self as Robotics Leader

June 17, 2022 by Knowlton Thomas Leave a Comment

Sanctuary AI believes it has created the world’s smartest robot.

There is reason to be cocky: the Vancouver-based robotics and artificial intelligence startup is experiencing a bout of momentum.

In March, the BC tech company raised a whopping $75 million in capital from an oversubscribed Series A round, which included strong interest from Bell, Export Development Canada, Verizon Ventures, and more.

Sanctuary was also featured on Bloomberg’s video special, Hello World, earlier this month.

Most recently the startup offered a quarterly update, in which the founders declared that what everyone saw on Hello World—the content of which is only two months old—is to be considered outdated.

“Think about how much further along we are today!” wrote CEO Geordie Rose. “Our hardware development and AI training are paying off.”

The company’s mission is simple to state but incredibly challenging to execute: create human-like intelligence and physical articulation in general-purpose robots.

“We continue to make significant advancements in the autonomy of our robots, the systems they use to sense and understand the world around them, and the dexterity of their hands,” Rose said, who noted that 99% of jobs require the dexterity of human hands.

According to Rose, Sanctuary is turning science fiction into fact through engineering. The company is not some mere research and development arm—Sanctuary is actively developing working prototypes that have impressed early adopters.

“We are engaged with numerous customers across many different sectors and I’m excited to see the positive impact our technology will have on [their] operations,” Rose said.

Sanctuary was founded in 2018 by Rose, Suzanne Gildert, Olivia Norton, and Ajay Agrawal.

Filed Under: News Tagged With: Sanctuary AI

 

About Knowlton Thomas

Knowlton Thomas is Editor-in-Chief of The Midway Advance and Senior Writer for Techcouver. Over more than a decade of journalism, he has penned thousands of articles and dozens of essays on technology, health, and culture across a variety of publications.

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