Roam Robotics, a San Francisco, CA-based company building robotic exoskeletons to enhance strength, speed and endurance for everyday people as they live, work and play, completed a $12m Series A round of funding.
The round was led by Yamaha Motor Co., Ltd., with participation from existing and new investors Boost VC, Heuristics Capital Partners, Menlo Ventures, R7 Partners, Spero Ventures, Valor Equity Partners, and Venture Investment Associates.
Led by Founder and Chief Executive Officer Tim Swift, Roam builds robotic exoskeletons to enhance strength, speed, and endurance for everyday people. Its light, affordable robotic exoskeletons are designed for everyday life, whether people ski, walk, run or hike to make it easier to move.
Its first product — ELEVATE – is a robotic exoskeleton designed to boost a user’s skiing experience. It will be available this winter for demo rentals in the Lake Tahoe, CA area and Park City, UT.
The company incorporated in December 2013 after launching out of Otherlab, the San Francisco-based collection of scientists and inventors working on a range of projects in the robotics, renewable energy, digital manufacturing, transportation, and educational markets.