About Sanctuary AI
Sanctuary AI develops humanoid robots designed to work alongside humans in various industries. Their main product, Phoenix™, is a general-purpose robot that can be remotely piloted or operate autonomously, allowing it to observe, assess, and perform tasks as needed. This versatility enables businesses to automate processes, enhance efficiency, and improve safety in the workplace. Unlike many competitors, Sanctuary AI focuses on creating robots that can seamlessly integrate into human work environments, providing training for these robots to ensure effective collaboration. The goal of Sanctuary AI is to advance the capabilities of AI and robotics to create safer and more productive workplaces.
Vancouver, CanadaHeadquarters
2018Year Founded
$86.1MTotal Funding
GRANTCompany Stage
Robotics & Automation, AI & Machine LearningIndustries
51-200Employees
Benefits
Medical, dental, & vision insurance
Wellness programs
Stock options
PTO
Schedule flexibility
Risks
Leadership changes, like Geordie Rose stepping down, may disrupt strategic direction.
Increased competition from well-funded companies could challenge Sanctuary AI's market position.
Technical hurdles in achieving human-level dexterity may delay product deployment.
Differentiation
Sanctuary AI developed Phoenix™, the first general-purpose humanoid robot with human-like intelligence.
Their proprietary AI system, Carbon™, enables autonomous task execution and remote supervision.
Sanctuary AI's tactile sensor technology enhances robot dexterity, setting them apart in robotics.
Upsides
Sanctuary AI secured $140 million in funding, boosting innovation and development capabilities.
Phoenix™ was recognized in TIME’s Best Inventions 2023, enhancing brand visibility and credibility.
Prominent investors like Accenture and Verizon Ventures show confidence in Sanctuary AI's potential.
Funding
Total raised$86.09 M
Latest valuation$292.50 M
StageGRANT
GRANT
11/30/2022$30
SERIES A
2/28/2022$58
$292.50 M