Boston-based Realtime Robotics this morning announced a $31.4 million round. Investors include HAHN Automation, SAIC Capital Management, Soundproof Ventures , Heroic Ventures, SPARX Asset Management, Omron Ventures, Toyota AI Ventures, Scrum Ventures and Duke Angels. Realtime is one of a number of startups building control on top of industrial robotics.
Boston-based Realtime Robotics this morning announced a $31.4 million round. The funding is part of the $11.7 million Series A the company announced all the way back in late 2019. Investors include HAHN Automation, SAIC Capital Management, Soundproof Ventures , Heroic Ventures, SPARX Asset Management, Omron Ventures, Toyota AI Ventures, Scrum Ventures and Duke Angels. […]
Realtime Robotics was founded to transform automation with flexible robot control capabilities, built on its innovative, real-time collision-free motion planning technology. Realtime s products enable single or multiple robots to operate autonomously at full speed in unstructured and uncaged environments.
With Realtime, industrial robots can be deployed, updated and/or re-deployed with minimal programming. Its technology empowers companies to automate more processes by removing engineering complexity and reducing cycle time, lowering overall expenses, increasing throughput, driving greater operational efficiency and significantly improving ROI. This investment by some of the world s leading manufacturers and automation providers stands as a testament to our ability to dramatically improve the value proposition for robotic implementations, said Peter Howard, CEO, Realtime Robotics. Having already realized early deployment success, a broad spectrum of customers and partners are
Locus (not to be confused with this Locus) is one of those names that’s been popping up a lot in the news and this roundup over the past year. Last time we spoke to the Massachusetts company, it was around a sizable raise $150 million to be nearly precise. That effectively valued the company as a unicorn.
Core to the company’s successes are its partnerships (as is the case with any robotics fulfillment company). DHL has been a big (or the biggest) name in the mix since 2017. Amid pandemic lockdowns, the logistic giant signed up for 1,000 robots last year and, as of yesterday, is doubling that number.