Verve Motion raises strategic funding from IAGi Ventures and HexArmor
Verve Motion raised an undisclosed strategic round from IAGi Ventures, HexArmor and other investors, taking its cumulative financing above $55 million.
Evidence notes
- The round included new and existing investors, with IAGi Ventures and industrial PPE company HexArmor both named as participants.
- The company said the financing would accelerate development and deployment of its powered wearable-robotics technology.
- The strategic investors add aviation operating access and global industrial-safety commercialization channels around Verve Motion’s exosuit platform.
Company context
Wearable robotics company developing powered exosuits for industrial lifting and ergonomic assistance.