Path Robotics raises $300m to expand industrial artificial intelligence

US based Path Robotics has raised $300m in Series E funding at a reported valuation of $2.45bn. The investment was led by Georgian, with participation from existing investors and NAVER Ventures. The company develops artificial intelligence powered robotics for manufacturing, helping factories automate complex production processes. HPC could introduce manufacturers, industrial automation suppliers, engineering contractors and international distributors interested in adopting or commercialising its technology.

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