• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer

Technologies.org

Technology Trends: Follow the Money

  • Technology Events 2023-2024
  • Sponsored Post
    • Make a Contribution
  • Technology Jobs
  • Technology Markets
    • Venture Capital
  • About
  • Contact

Roam Robotics Secures $12 Million Investment Led by Yamaha Motor

November 29, 2018 By admin Leave a Comment

Company Building Robotic Exoskeletons to Enhance Mobility for Everyday People to Launch First Commercial Offering for Skiers this Winter

Roam Robotics, a company building robotic exoskeletons to enhance strength, speed and endurance for everyday people as they live, work and play, today announced it has completed a $12 million Series A round of funding.

Yamaha Motor Co., Ltd. led the investment round with participation from existing and new investors Boost VC, Heuristics Capital Partners, Menlo Ventures, R7 Partners, Spero Ventures, Valor Equity Partners, and Venture Investment Associates. Collectively these investors bring a wealth of experience in robotics, hardware, and consumer startups.

“Roam exists to change the boundaries of human mobility,” said Roam Founder and Chief Executive Officer Tim Swift. “That boundary is different for every person, but they exist for everyone. Whether you are an Olympian, an everyday athlete, or looking to regain lost mobility, we want to power you beyond what your body currently makes possible.”

To make this possible, Roam will leverage their unique platform technology that relies on high-strength fabrics and air power to reduce device weight and cost without sacrificing performance. It avoids high-tolerance metal components in favor of affordable mass manufacturing processes like sewing and molding. They are using this platform to develop products to make more mobile lives a reality for everyday consumers.

“Roam is creating an exciting new category of products that enhance human capabilities,” said Amish Parashar, Partner at Yamaha Motor Ventures. “By making these robotic exoskeletons affordable, scalable, and powerful Roam has removed the biggest barriers to widespread adoption. We envision these products will one day be commonly used to create new thrilling experiences and support human mobility.”

Roam’s first step on this path is the release of their first product — ELEVATE, a robotic exoskeleton designed to boost a user’s skiing experience. ELEVATE boosts your quad strength giving you more control, stronger turns and longer runs while reducing muscle fatigue and joint pressure. It can augment the experience for skiers looking to push the edges of what’s possible, and for those looking to maintain the experience from their younger years. ELEVATE will be available this winter for demo rentals in the Lake Tahoe, CA area and Park City, UT. Check out how you can be a part of this by visiting www.roamrobotics.com.

“We are extremely proud to bring ELEVATE to market, but this is only the first step,” added Swift. “We are just scratching the surface of what is possible.”

About Roam Robotics

Roam builds robotic exoskeletons to enhance strength, speed, and endurance for everyday people. We’ve created light, affordable robotic exoskeletons that are designed for everyday life. Whether you ski, walk, run or hike, our products make it easier to move so you can get the most out of life. The company incorporated in December 2013 after launching out of Otherlab, the San Francisco-based collection of scientists and inventors working on a range of projects in the robotics, renewable energy, digital manufacturing, transportation, and educational markets. For more information on Roam, please visit http://www.roamrobotics.com.

Filed Under: Tech

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Market Analysis

DevOps and Agile: Integrating Development and Operations
China’s Use of Golden Shares: From Reducing State Role to Quietly Controlling Tech Giants
Why Amazon Acquired One Medical: Disrupting the Healthcare Industry with Technology-Enabled Care
The End of an Era: Why China is No Longer Viable as the World’s Factory
Cloudflare’s FedRAMP authorization opens up a huge market opportunity in the US government sector
Datadog’s strong financial results for the fourth quarter and fiscal year 2022 provide a solid case for a Buy recommendation
Cisco: Struggling to find new avenues of growth

Market Research Media

Agile Leadership: Leading Agile Teams for Success
Chinese Brands Reach New Heights of Popularity in the West Amid Growing Political Tensions
Unrestricted Streaming: How VPNs Can Enhance Media Consumption Experience
How the world’s biggest companies have built and defended their moats
Virtual Learning Environments: A Game-Changer in Education?
Streaming video, training, and gaming coming together to form a cohesive and diverse media and entertainment ecosystem
Turn Your Story into a Game: The Art of Gamifying Your Plot

Secondary Sidebar

Tech Events

Splash User Conference and Partner Summit will take place from April 17 to 20, 2023 in Washington, D.C.
Fiber Connect 2023, August 20-23 2023, Orlando, Florida
International Battery Seminar & Exhibit (IBSE) on March 20-23, 2023 in Orlando, FL
MIT Technology Review’s Future Compute event, April 30 – May 1, 2023, MIT Campus, Cambridge, Massachusetts
13th Annual 2023 State IT Connect Summit in Baltimore, Maryland, from March 6-8, 2023

Venture Capital

African Venture Investment Soars to Record High, Fueled by Tech Startups
Pitchly Secures $7 Million Series A Funding for SaaS-Based Data Enablement Solution
Agile Project Management: Roles and Responsibilities
Candidly, a student debt and savings optimization platform, has raised $20.5 million in a Series B round of financing
GameTech Startups Attracting Venture Capital Funding: The Importance of VPN Security

Footer

Recent Posts

  • Cloudflare Enters Fraud Detection Market with Cloudflare Fraud Detection
  • Devices utilizing Wi-Fi HaLow technology are gaining momentum
  • Agile Software Development Tools and Technologies
  • Continuous Integration and Continuous Delivery in Agile
  • NuScale Power places first long lead material production order for the manufacture of SMR
  • Potential Applications That Could Accelerate the Adoption of 6G Technology
  • The Need for 6G Technology: Challenges and Opportunities
  • Game Programmer
  • Marketing Automation Specialist
  • Unlock the Power of VPNs: Join our Workshop and Master the Latest VPN Technologies!

App Coding

Designing a Seamless Event Registration and Attendance Management App
Building an E-commerce App: Key Considerations for Success
How Much Does It Cost to Build a FinTech App?
Step-by-Step Guide to Building a Social Media Data Analysis and Visualization App
Join Our Team as an App Coder - Build Cutting-Edge Applications

API Coding

API Hub for Business Allowing Companies to Launch Custom Hubs in Minutes
Implications of Twitter's Free API Shutdown for Developers and Businesses
Is an RSS feed an API?
Freedom, Flexibility, and the Thriving World of API Development
How to code an API with ChatGPT

Blockchaining

Building a Secure and Decentralized Blockchain API: A Step-by-Step Guide
How Blockchain Technology Conquered Fintech
What is a blockchain domain?
Blockchain technology and carbon credits
Blockchain Technology: Ownership Through Equity Tokenization

Event Calendar

ProMat 2023, the leading trade show for the manufacturing and supply chain industry, March 20-23 2023, Chicago’s McCormick Place
Prints 2023, Printing Conference, March 3, 2023
Milan Design Week 2023, April 17-23 2023, Milan, Italy
The New York International Auto Show, April 7-16 2023, Jacob K. Javits Convention Center
Chicago Auto Show 2024, February 10-19, 2024, McCormick Place, Chicago

Copyright © 2022 Technologies.org

Media Partners: Market Analysis & Market Research and Exclusive Domains

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT