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Sanctuary AIBuilding Phoenix: a humanoid with human-like dexterous hands
Total Raised
~$140M
Hand DOF
20/hand
Industry-leading dexterous hands
Task Learning
<24 hr
50x improvement Gen 6 → Gen 7
Employees
~160
After Nov 2024 layoffs
Total raised: ~$140M · Latest valuation: ~$221-232M (Jul 2024, most recent disclosed)
| Round | Date | Amount | Valuation | Key Investors |
|---|---|---|---|---|
| Seed / Early | 2018–2021 | Multiple early rounds | - | Magna International (initial 2021)Verizon VenturesBell |
| Series A | Mar 2022 | C$75.5M (~$58.5M) | - | BellBDC CapitalMagnaVerizon Ventures+1 more |
| Strategic / Magna Equity Investment | Apr 2024 | Undisclosed (Magna's 2nd investment) | - | Magna International |
| Convertible Note | Jan 2025 | $10M offering announced (~$2.5M reported) | - | Existing investors |
| Spec | Phoenix Gen 8 |
|---|---|
| Height | 170cm (5'7") |
| Weight | 70kg |
| Hand DOF | 20 per hand |
| Hand Type | Hydraulic |
| Payload | 25kg (55 lb) |
| Mobility | Wheeled base (deliberate design choice) |
| AI | Carbon AI; <24hr autonomous task learning |
| Sensors | Depth + vision cameras, force-torque, tactile/haptic |
Investor since 2021; 2024 strategic deal includes equity, manufacturing pilots at Magna plants, future contract manufacturing of Phoenix
Series A participant
Early backer
Series A participant
Founded by Geordie Rose (D-Wave co-founder), Suzanne Gildert, Olivia Norton, Ajay Agrawal
Bipedal/wheeled humanoid with hydraulic dexterous hands
Magna's 2nd equity investment + manufacturing pilot at Magna facilities
50x faster autonomous task learning (<24hr); reduced BOM cost; lighter weight
Board removes co-founder Geordie Rose as CEO; ~30+ layoffs (software, marketing); CMO Benedict Reed exits
Promoted from CCO/Interim CEO to permanent CEO
Optimized for high-quality data capture: improved cameras, telemetry, person-robot interaction
Bridge financing announced; ~$2.5M reported received
Phoenix humanoid robot focused on general-purpose cognition. ~$140M total funding. Sanctuary AI was founded in 2018, is headquartered in Vancouver, Canada and employs ~160.
Sanctuary AI has raised ~$140M in total at a ~$221-232M (Jul 2024, most recent disclosed) valuation, based on the funding rounds Sterling tracks.
Sterling groups Sanctuary AI in the Humanoid Robots sector, alongside Tesla (Optimus), Figure AI (private), Agility Robotics (private), Apptronik (private), 1X Technologies (private) and Boston Dynamics (HYUNDAI).
If you are researching Sanctuary AI, also look at Tesla (Optimus), Boston Dynamics (HYUNDAI) and UBTECH Robotics (9880.HK). You can compare all of them side by side or browse the full Humanoid Robots sector on Sterling.
