What is Verve Motion?
Launched in 2020 from Harvard University, Verve Motion pioneers the fusion of robotics and apparel, aiming to redefine the limits of human performance and safety. Its flagship product is a lightweight, powered soft exosuit designed to offer machine-like power with the comfort and ergonomics of sportswear. By collaborating with leaders in supply chain, logistics, manufacturing, and safety innovation, Verve Motion is developing next-generation wearable solutions for millions of workers across various industries, addressing critical needs in safety and efficiency.
How much funding has Verve Motion raised?
Verve Motion has raised a total of $35M across 2 funding rounds:
Series A
$15M
Series B
$20M
Series A (2021): $15M with participation from Construct Capital, Pillar VC, Safar Partners, and Founder Collective
Series B (2023): $20M led by Construct Capital, Pillar VC, Safar Partners, Oup, and Cybernetix Ventures
Key Investors in Verve Motion
Construct Capital
Construct Capital is a veteran-owned firm specializing in industrial and infrastructure investments, likely bringing operational expertise to Verve Motion's manufacturing and supply chain focus.
Pillar VC
Pillar VC, a Boston-based venture capital firm, focuses on early-stage and seed funding, supporting founders' growth and providing resources for startups across various sectors, including robotics.
Safar Partners
Safar Partners is a technology venture fund that invests in innovative startups from leading universities, with a focus on cleantech, AI/IT, and robotics, aligning with Verve Motion's technological advancements.
What's next for Verve Motion?
With this substantial enterprise-level backing, Verve Motion is poised to accelerate its product development and market penetration. The strategic investment signals confidence in the company's vision to create advanced wearable solutions for industrial workforces. Future growth is expected to focus on scaling manufacturing capabilities, expanding its sales and distribution networks, and further enhancing the technological sophistication of its exosuit offerings to meet the evolving demands for worker safety and productivity.
See full Verve Motion company page
