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High Tech Series B Founded 2020

Verve Motion

Developer of wearable robotics for industrial workers. Developer of wearable robotics for industrial workers. The company develops SafeLift exosuit is a lightweight, one-size fits most wearable robotic backpack, that powers and protects workers doing the heavy lifting, by reducing injury rates and fatigue. Founded in 2020, headquartered in Cambridge, United States. The company has raised $58. The company operates in…

📍 Cambridge, United States · IoT Applications,

Funding snapshot

Last roundSeries B
Amount$13M
Date14 May 2026
Total raised$58M
Team size30

About

Developer of wearable robotics for industrial workers. Developer of wearable robotics for industrial workers. The company develops SafeLift exosuit is a lightweight, one-size fits most wearable robotic backpack, that powers and protects workers doing the heavy lifting, by reducing injury rates and fatigue. Founded in 2020, headquartered in Cambridge, United States. The company has raised $58. The company operates in the High Tech > IoT Applications, Internet of Things - Industry Applications > IoT Applications sector. Founded in 2020 and headquartered in Cambridge, United States and has raised $58.3 million in Series B funding. Key investors include Construct Capital, Founder Collective, Pillar VC, Safar Partners, Osage University Partners, Cybernetix Ventures, Oxford University Press.

Business model

Wearable Technology > Industrial Wearables > Workforce Productivity,

Professional Service Robots > Multi Utility > Exoskeleton Robots

Team background

College Wise > Massachusetts Institute of Technology

Institutional investors

Construct Capital Founder Collective Pillar VC Safar Partners Osage University Partners Cybernetix Ventures Oxford University Press Frederic Kerrest John McEleney

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