Sanctuary AI, a Vancouver, Canada, BC-based developer of humanoid general-purpose robots, received an investment from Accenture Ventures.
The amount of the deal was not disclosed.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Geordie Rose, Sanctuary AI creates human-like intelligence in general purpose robots that will help people work more safely, efficiently, and sustainably, helping to address the labor challenges facing many organizations today. The company’s general-purpose robot PhoenixTM can perform a multitude of work tasks. For instance, at a Mark’s retail store in Langley, BC, Canada, Phoenix has performed more than 100 tasks, including choosing and packing merchandise, and correctly cleaning, tagging, labeling and folding items. Phoenix is powered by the company’s AI control system, CarbonTM, which mimics subsystems found in the human brain, such as memory, sight, sound and touch, and translates natural language into action in the real world.
Commenting on the news, Geordie Rose said: “Robots with human-like intelligence will completely transform the workforce of the future. By combining Accenture’s expertise in disruptive technology with Sanctuary AI’s industry-leading robotics, we can help some of the biggest companies in the world manage this change and provide the best solutions for its clients.”
FinSMEs
28/03/2024