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Sanctuary Receives $30 Million Investment from Government of Canada

November 30, 2022 by Robert Lewis Leave a Comment

Vancouver’s Sanctuary has received a $30 million SIF (Strategic Innovation Fund) contribution from the Government of Canada to advance its technology and address labor-related challenges in the economy.

Sanctuary has now received more than $100 million in funding since its founding in 2018.

Earlier this year Sanctuary raised $75 million in an oversubscribed Series A round which included strong interest from Bell, Export Development Canada, and Verizon Ventures.

The $30 million federal contribution is meant to support large-scale, transformative, and collaborative projects that help position Canada to prosper in the global knowledge-based economy.

Sanctuary was founded by Geordie Rose, Suzanne Gildert, Olivia Norton, and Ajay Agrawal, with a mission to create human-like intelligence and physical articulation in general-purpose robots.

“Many labour-related challenges are outside the scope of current specialized AI and robotics technology,” said Geordie Rose, Co-Founder and CEO of Sanctuary. “We appreciate the contribution from the Government of Canada and we are working hard to make work safer, more accessible, and ultimately more productive.”

Sanctuary has assembled a variety of innovators and is actively recruiting for AI & machine learning research engineers, data scientists, software engineers, simulation experts, mechanical engineers, electronics & electrical engineers, and robotics & control engineers.

Filed Under: News Tagged With: Sanctuary AI

 

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