CAMBRIDGE, MA, Pioneering the future of industrial safety, Verve Motion, a Harvard University spinout, announced it has reached a significant milestone by securing $20 million in Series B funding. This achievement, raising the company's total funding to over $40 million.

The Series B funding round, which will play a pivotal role in supporting the company's goals of market expansion and scaling manufacturing to meet demand, was led by Safar Partners, with new investments from Cybernetix Ventures as well as follow-on investments from existing investors, including Construct Capital, Pillar VC and OUP. The round also included participation from individual investors including Frederic Kerrest, Vice-Chairman and Co-Founder of Okta, and John McEleney, Co-founder of Onshape, and formerly CEO of SolidWorks.