Path Robotics raised $100M in a Series D funding round led by Matter Venture Partners and Drive Capital to enhance its AI-enabled robotic welding solutions.
Path Robotics raised $100M in a Series D funding round led by Matter Venture Partners and Drive Capital to enhance its AI-enabled robotic welding solutions.
10/15/24, 6:19 AM
Location
Money raised
$100 million
Industry
information technology
Round Type
series d
Investors
Basis Set, Tiger Global, Addition, Gaingels, Catapult Ventures, Media Tek, Taiwania Capital, Yamaha Ventures, Drive Capital, Matter Venture Partners
Path Robotics has successfully secured $100M in Series D funding, driven by a vision to pioneer AI and robotics in the welding industry. The investment will support the company's growth and innovation in manufacturing technologies.
Company Info
Location
524 maier place
columbus, ohio, united states
Additional Info
Path Robotics was founded in 2018 by brothers Andy and Alex Lonsberry with a desire to help fill gaps in the manufacturing industry. As a result, Path Robotics creates robotic systems that leverage state-of-the-art artificial intelligence, machine learning, and computer vision systems to fit-up and weld parts. Path’s mission is to enable robots to build, so humans can create.