SAN FRANCISCO, Nov. 29 (Xinhua) -- A U.S. startup dedicated to building robotic exoskeletons that aims to enhance human capabilities has raised 12 million U.S. dollars in a series A round of funding led by Yamaha Motor Ventures and other investors.
San Francisco-based Roam Robotics (Roam) said Thursday that the funding will be used to develop exoskeletons that boost human strength, speed and endurance in people's daily life, including work and play.
The startup, which was established in 2014, said it was supported by many investors such as Menlo Ventures, Boost VC, Heuristics Capital Partners, R7 Partners, Spero Ventures, Valor Equity Partners, and Venture Investment Associates, and they will bring a wealth of experience in robotics, hardware, and consumer startups.
Roam Robotics has been working to create light, affordable robotic exoskeletons that are designed for everyday life.
Robotic exoskeleton, also known as something similar to powered skeleton, is a wearable mobile machine that is powered by a system of electric motors, pneumatics, levers, hydraulics, or a combination of technologies that allow for limb movement with increased strength and endurance.
"Roam exists to change the boundaries of human mobility," said Roam Founder and Chief Executive Officer Tim Swift.
The company will take advantage of its unique platform technology that relies on high-strength fabrics and air power to reduce device weight and cost without sacrificing performance, it said.
Roam's is expected to release its first product -- ELEVATE, a robotic exoskeleton designed to boost a user' s skiing experience.
The device "boosts your quad strength giving you more control, stronger turns and longer runs while reducing muscle fatigue and joint pressure" during the skiing activities, said the company.
ELEVATE will be available this winter for demo rentals in Lake Tahoe in California and Park City, Utah, Roam added.
Other companies like LG and Salt Lake City-based Sarcos Robotics are also making similar exoskeleton products that enhances human strength and endurance in the workplace or for sports purposes.
