BOSTON, MA, Realtime Robotics, the leader in autonomous motion planning for industrial robots, has completed its $31.4 million Series A round.
New strategic investors including HAHN Automation and SAIC Capital Management, as well as new institutional investors Soundproof Ventures and Heroic Ventures, join existing investors SPARX Asset Management, Omron Ventures, Toyota AI Ventures, Scrum Ventures and Duke Angels in concluding this round.
Realtime Robotics has developed a specialized processor to generate collision-free motion plans in milliseconds for industrial robots and autonomous vehicles. Its solution empowers robots to function together in unstructured and collaborative workspaces, as well as to react to dynamic obstacles the instant changes are perceived. Its solutions expand the potential of automation.
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