Verve Motion Raises $20 Million in Series B Financing
CAMBRIDGE, Mass., Dec. 13, 2023 /PRNewswire/ -- Pioneering the future of industrial safety, Verve Motion, a Harvard University spinout, today announced it has reached a significant milestone by securing $20 million in Series B funding. This achievement, raising the company's total funding to over $40 million, marks a crucial step in the company's rapid expansion and the widespread adoption of its innovative industrial-use connected wearable technology, SafeLift™ exosuit.
- CAMBRIDGE, Mass., Dec. 13, 2023 /PRNewswire/ -- Pioneering the future of industrial safety, Verve Motion, a Harvard University spinout, today announced it has reached a significant milestone by securing $20 million in Series B funding.
- Occupational back pain ranks as the most frequent injury, with more than one million workers suffering back injuries annually.
- "The era of transformation in workplace safety and productivity is here," said Ignacio Galiana, the CEO and Co-founder of Verve Motion.
- "As a lead investor in the Series B funding, we are excited to fuel the growth and innovation of Verve Motion, a trailblazing force in wearable robotics," said Arunas Chesonis, co-founder of Safar Partners.