COLUMBUS, OH, Path Robotics announced it received $56 million dollars in Series B funding led by Addition.
Path Robotics announced it received $56 million dollars in Series B funding, bringing the total invested in the company to $71 million. Addition led the round and was joined by returning investors Drive Capital, Basis Set, and Lemnos Lab.
Path Robotics is developing artificial intelligence, machine learning, and computer vision systems to make industrial robots intelligent. While working on their PhDs at Case Western Reserve University, brothers Andy and Alex Lonsberry discovered a market need for industrial welding robotics.
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