World’s leading AI-based robotic welding company Path Robotics, a firm in Ohio has completed its Series B funding of $56 million. The funding round was raised in collaboration with Lemnos Lab, Drive Capital, and Basis set making the price go higher to $71 million.
| Company Name | Fund Raised | Led By | CEO/Co-Founder | Valuation |
| Path Robotics | $56M | Lemnos Lab, Drive Capital, and Basis set | Andrew Lonsberry | $400—600m |
The USP of this company is that it assembles even the non-perfect parts through its high-quality AI programming, and computer scanning and its unique quality to self-adjust and understand different parts of the device.
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CEO Andrew Lonsberry visions make Path Robotics the world’s top robotics welding brand that understands the task at hand that other robotics companies usually fail to do.
