Realtime Robotics: Raises $14.4M in Additional Funding

Realtime Robotics Raises $14.4M in Additional Funding

  • Realtime Robotics, a Boston, MA-based provider of collision-free autonomous motion planning for industrial robots, raised $14.4M in funding
  • The round was led by Soundproof Ventures, Heroic Ventures and SIP Global Partners
  • The company intends to use the funds to continue to scale and meet industry demand for RapidPlan software, invest in overall engineering development and enable additional enhancements to its core software
  • The company provides a technology platform that generates collision-free motion plans in milliseconds for industrial robots and autonomous vehicles
  • The system empowers robots to function together in unstructured and collaborative workspaces, as well as to react to dynamic obstacles the instant changes are perceived
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Mastercard, Visa, and Revolut Lose UK Legal Challenge Over Card Fee Cap Plans

UK courts uphold cap on interchange fees affecting major payment companies.Highlights: UK courts dismiss legal challenge by Mastercard,...

LSEG Launches Blockchain-Based Digital Settlement Network

This new platform aims to enhance financial settlement processes.Highlights: LSEG has launched a blockchain-enabled digital settlement network.The platform...

SWIFT to Build Shared Ledger for Tokenised Asset Transactions

New initiative aims to streamline digital asset transactions globally.Highlights: SWIFT is launching a shared ledger for tokenised assets.The...

Keye Launches AI Co-Pilot for Private Equity Due Diligence

Innovative tool aims to streamline investment analysis and decision-making.Highlights: Keye introduces an AI co-pilot for private equity due...