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Sarcos Robotics
United States, US · Founded 2015 · Utah corporation · 89 employees on LinkedIn · 5 known investors
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Palladyne AI develops embodied artificial intelligence and autonomous systems for aerospace, defense, and industrial applications, with a focus on real-world operations in complex and contested environments. The company combines AI software with advanced manufacturing and engineering services to deliver collaborative autonomy solutions across air, ground, maritime, and industrial domains.
Founders & leadership
Board
Investors · 5
How we know: Cottonwood Technology Fund's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
Funding
SEC filings, press & company announcements$55.7M disclosed across 2 of 3 rounds · 2016–2020
▶$15.7MraisedJan 2017 · 10 investors · Other TechnologyRule 506(b)
- BENJAMIN G. WOLFFExecutive Officer, Director, Promoter
- RALPH TAYLOR-SMITHDirector
- PRESTON WOOExecutive Officer
- RAY QUINTANADirector
- JULIE WOLFFExecutive Officer, Director
- ASHOK BELANIDirector
- DENNIS WEIBLINGDirector
- MARC OLIVIERExecutive Officer, Director, Promoter
- FRASER SMITHExecutive Officer, Director, Promoter
- PETER KLEINDirector
- Offering amount
- $15.7M
- Amount sold
- $15.7M
- First sale
- Sep 2016
- Incorporated
- Corporation, Utah, 2015
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
2 people who came through Sarcos Robotics went on to found or lead other companies.
Non-dilutive funding · 10 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| U.S. Air ForceAir Force | Phase II | 2023 | $38.6M |
| Department of Defense | Phase II | 2020 | $3M |
| U.S. NavyNavy | Phase II | 2020 | $2M |
| U.S. Air ForceAir Force | Phase II | 2020 | $749.8K |
| U.S. Air ForceAir Force | Phase I | 2020 | $50K |
| U.S. Air ForceAir Force | Phase II | 2019 | $3M |
| U.S. Air ForceAir Force | Phase II | 2018 | $1.5M |
| U.S. Air ForceAir Force | Phase II | 2017 | $1.5M |
| U.S. Air ForceAir Force | Phase II | 2017 | $1.5M |
| Department of DefenseSpecial Operations Command | Phase IISTTR | 2017 | $990.6K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
Frequently asked questions
- What does Sarcos Robotics do?
- Palladyne AI develops embodied artificial intelligence and autonomous systems for aerospace, defense, and industrial applications, with a focus on real-world operations in complex and contested environments. The company combines AI software with advanced manufacturing and engineering services to deliver collaborative autonomy solutions across air, ground, maritime, and industrial domains.
- Who are Sarcos Robotics's investors?
- Sarcos Robotics's investors include Cottonwood Technology Fund, Manta Ray Ventures, Raptor Group, Riverfront Ventures, LLC, Tribeca Early Stage Partners.
- How much funding has Sarcos Robotics raised?
- Sarcos Robotics has disclosed $55.7M raised across 2 of its 3 known rounds.
- Where is Sarcos Robotics headquartered?
- Sarcos Robotics is headquartered in United States, US.