Path Robotics AI 56M Series 71M Heatertechcrunch

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 NameFund RaisedLed ByCEO/Co-FounderValuation
Path Robotics$56M Lemnos Lab, Drive Capital, and Basis setAndrew 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.

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