Verve has filed a notice of an exempt offering of securities to raise $10,559,481.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Verve is raising $10,559,481.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Ignacio Bujanda played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Verve
We’re Verve Motion. Our mission is to power the human workplace through people-centric robotics. We’re not here to replace workers, we’re here to help them work better, safer, smarter. The past few years have shown us just how important a healthy, happy workforce is to the success of a company, and to daily life. Disruptions in the workforce result in disruptions across society. A stretched supply chain, hiring shortages, and increased demand across sectors have resulted in a lot of sore backs for the folks who do the hard work. And it is hard work. Many warehouse and fulfillment center workers lift up to 50,000 pounds a day over the course of hundreds of tasks and movements. That’s 25 tons. The equivalent of a loaded shipping container. Every day. They’re doing a lot. Their companies depend on them. We all depend on them. So we asked ourselves the question, what can we do to help? Our answer is a soft and light exosuit that wears like a backpack but takes 40% of the strain off a worker with every lift of a case, package, or piece of equipment. It’s the first powered suit that can be deployed at scale, at speed, with virtually no setup or training. No bulky or clumsy parts. Made to fit everyone. Ready to use right out of the box. A better way to work. A way to work that a growing number of companies are adopting. And that a lot of employees are greeting with open arms. It’s no longer enough to give workers what they need to get the job done. It’s time to equip workers with the tools they need to do their very best.
To learn more about Verve, visit http://vervemotion.com/
Contact:
Ignacio Bujanda, Chief Executive Officer
857-362-0159
SOURCE: http://www.intelligence360.io
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