Tech Company Financing Transactions
Path Robotics Funding Round
Path Robotics, operating out of Columbus, received $56 million from Addition Capital, Basis Set Ventures and Drive Capital.
Transaction Overview
Company Name
Announced On
5/4/2021
Transaction Type
Venture Equity
Amount
$56,000,000
Round
Series B
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
528 Maier Pl.
Columbus, OH 43215
USA
Columbus, OH 43215
USA
Phone
Website
Email Address
Overview
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.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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