Tech Company Financing Transactions
Path Robotics Funding Round
Path Robotics secured a $100 million funding round on 10/15/2024. Investors included Drive Capital, Matter Ventures and Addition.
Transaction Overview
Company Name
Announced On
10/15/2024
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
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
Browse more venture capital transactions:
Prev: 10/15/2024: Shift Bioscience venture capital transaction
Next: 10/15/2024: Tolerance Bio venture capital transaction
Share this article
Where The Data Comes From
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.
Additional Resources for Entrepreneurs