Path Robotics CEO wants Columbus to be 'next big mecca' for robots
As forms of artificial intelligence (AI) advance every year, fears of robots dominating the labor force — or the whole world — have become more common.
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As forms of artificial intelligence (AI) advance every year, fears of robots dominating the labor force — or the whole world — have become more common.
In the welding field, however, some argue that a robot takeover might be beneficial, and even necessary. Columbus startup Path Robotics believes AI is one solution to the shortage of skilled labor that plagues welding. Path boasts the “world’s first truly autonomous robotic welding system.” Conceived after 18 months in the basement of a foundry, its system identifies what needs to be welded, welds it and learns along the way. Path Robotics CEO Andy Lonsberry said he and his brother, Alex Lonsberry, chief technology officer at Path Robotics, always wanted to start a business. “We ...
I’m going to be honest with you: It was kind of a slow week for robotics news. Honestly, that’s the first time I can say that since I started doing this thing weekly (happy 10 weeks to us, by the way). Of course, this stuff always ebbs and flows to a certain extent — even during what’s been a particularly active stretch in robotics investments. From that standpoint, the $56 million Series B for Path Robotics is the big news of the week. And, indeed, it’s a sizeable round for the Columbus, Ohio-based company. It’s certainly cool seeing a big win for robots in the Midwest — partic...
Path Robotics Raises $56M in Funding Path Robotics, a Columbus, OH-based AI Robotics company designing an autonomous robotic welding system, raised $56m in Series B funding. The round, which brought total funding raised to date to $71m, was led by Addition with participation from returning investors Drive Capital, Basis Set, and Lemnos Lab. The company will use the funds to continue to expand its operations and development efforts. Co-founded by brothers Andy and Alex Lonsberry, Matt Klein and their father, Ken Lonsberry, Path Robotics is developing artificial intelligence, machine l...
Path Robotics Raises $56M to Build the Future of Manufacturing The Series B financing is led by Addition News provided by Share this article Share this article COLUMBUS, Ohio, May 3, 2021 /PRNewswire/ -- Path Robotics, the Columbus-based AI Robotics company responsible for designing the world's first truly autonomous robotic welding system, today announced it received $56 million dollars in Series B funding, bringing the total invested in the company to $71 million. Addition led the round and was joined by returning investors Drive Capital, Basis Set, and Lemnos Lab. "Path Robotics is solvin...