# Sarcos Robotics funding: rounds and investors

> Sarcos Robotics has raised $46M across 2 rounds since 2017. Investors include Schlumberger, DIG Investment and Microsoft. Every round with its source.

Source: https://millionrounds.com/company/sarcos-robotics (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Sarcos Robotics*

2 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Industry 4.0 Robotics

Funding summary Updated 26 Oct 2026

**$46M** raised across 2 rounds since 2017, from 2 sources

**$16M** Series A **$30M** Series B

- **Latest round:** Series B, $30M Sept 2018
- **Led by:** DIG Investment
- **Step-up i:** 1.9×
- **Investors:** 6 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2017 2018

**$16M** Series A

**$30M** Series B

- **First round:** Series A, $16M
- **Biggest round:** $30M
- **Between rounds:** 20 months

## The rounds

- **Sept 2018** Series B **$30M** *5 new* *1 returning* [DIG Investment](https://millionrounds.com/fund/dig-investment) Lead [Microsoft](https://millionrounds.com/fund/microsoft) [GE](https://millionrounds.com/fund/ge) [Schlumberger](https://millionrounds.com/fund/schlumberger) [Cottonwood Group](https://millionrounds.com/fund/cottonwood-group) Alex Brown & Sons/ Caterpillar Reported by Nwinnovation
- **Jan 2017** Series A **$16M** *1 new* [Schlumberger](https://millionrounds.com/fund/schlumberger) Reported by FinSMEs

## Founders and team

From Sarcos Robotics's own website: 2 founders, 6 on the team.

**Ben Wolff** President & CEO, Director, co-founder

**Dr. Denis Garagić** Chief Technology Officer & co-founder

- **Kristi Martindale** Chief Commercial Officer
- **Steve Sonne** Chief Legal Officer & Secretary
- **Trevor Thatcher** Chief Financial Officer
- **Brian Finn** Director
- **Dennis Weibling** Non-Executive Chair
- **Michael T. Young** Director

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2017 **Series B** 2018 [Schlumberger](https://millionrounds.com/fund/schlumberger) [DIG Investment](https://millionrounds.com/fund/dig-investment) L [Microsoft](https://millionrounds.com/fund/microsoft) [GE](https://millionrounds.com/fund/ge) [Cottonwood Group](https://millionrounds.com/fund/cottonwood-group) Alex Brown & Sons/ Caterpillar

## Everyone who backed them

[Schlumberger](https://millionrounds.com/fund/schlumberger) Growth equity **2** rounds

[DIG Investment](https://millionrounds.com/fund/dig-investment) VC firm **1** round, led 1

[Microsoft](https://millionrounds.com/fund/microsoft) Corporate VC **1** round

[GE](https://millionrounds.com/fund/ge) Corporate VC **1** round

[Cottonwood Group](https://millionrounds.com/fund/cottonwood-group) Private equity **1** round

Alex Brown & Sons/ Caterpillar no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=sarcos-robotics).

## Also claim to have backed them

These 4 firms list Sarcos Robotics as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Cottonwood Technology Fund](https://millionrounds.com/fund/cottonwood-technology-fund) VC firm Per its own site

[GPS Investment Partners](https://millionrounds.com/fund/gps-investment-partners) Private equity Per its own site

[Riverfront Venture...](https://millionrounds.com/fund/riverfront-venture) VC firm Per its own site

[Rotor Capital](https://millionrounds.com/fund/rotor-capital) VC firm Per its own site

## Quick answers about Sarcos Robotics

### Who invested in Sarcos Robotics?

Sarcos Robotics's investors include Schlumberger, DIG Investment, Microsoft, GE and Cottonwood Group, and 1 more on record. DIG Investment led its latest round.

### How much has Sarcos Robotics raised?

Sarcos Robotics has raised $46M across 2 rounds since 2017.

### When did Sarcos Robotics last raise?

Sarcos Robotics's most recent round was a Series B of $30M in Sept 2018, led by DIG Investment.

### What was Sarcos Robotics's biggest round?

Its most recent round, $30M in Sept 2018, is also its largest on record.

### Who backed Sarcos Robotics first?

Sarcos Robotics's first round on record, in Jan 2017, was backed by Schlumberger.

### What stage is Sarcos Robotics at?

Sarcos Robotics's latest named round is a Series B, in Sept 2018.

### Where is Sarcos Robotics based?

Sarcos Robotics is based in the United States.

### Who led Sarcos Robotics's rounds?

DIG Investment led the Series B in 2018.

## Companies like Sarcos Robotics

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Kodama** $7.0M · Oct 2026](https://millionrounds.com/company/kodama)[**Origin** $121M · Oct 2026](https://millionrounds.com/company/origin)

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