Path Robotics

Creating technology to support skilled trades

General Information
Company Name
Path Robotics
Founded Year
2014
Location (Offices)
Columbus, United States +1
Founders / Decision Makers
Number of Employees
161
Industries
AI, Big Data, Robotics +1
Funding Stage
Series C
Social Media

Path Robotics - Company Profile

Path Robotics: Founded in 2014 by brothers Andy and Alex Lonsberry, Path Robotics is committed to revolutionizing the manufacturing industry by addressing workforce gaps. The company's slogan, "Creating technology to support skilled trades," reflects its mission to assist manufacturers in coping with increasing demands and shrinking resources. With a focus on Big Data and Robotics, Path Robotics has attracted significant attention and funding. At Path Robotics, the application of advanced technology, including AI and machine learning, has enabled the development of welding robots that are capable of undertaking high-volume, repetitive tasks. By automating these processes, the company aims to create safer and more productive working environments for human workers. This approach aligns with the broader industry movement towards embracing the Fourth Industrial Revolution in manufacturing. The most recent milestone for Path Robotics was the $100.00M Series C investment led by Tiger Global Management, Addition, and Silicon Valley Bank on 20 July 2021. This infusion of capital underscores the confidence of major investors in the company's vision and technological capabilities. As the company continues to expand and develop its innovative solutions for the manufacturing sector, it is poised to play a pivotal role in driving industry transformation. The strategic focus on leveraging robotics and cutting-edge technology positions Path Robotics as a compelling player in the evolution of modern manufacturing.

Taxonomy: robotics, manufacturing industry, Fourth Industrial Revolution, welding robots, workforce gaps, skilled trades, safety technology, productivity enhancement

Funding Rounds & Investors of Path Robotics (4)

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Funding Stage Amount No. Investors Investors Date
Series C $100.00M 3 Silicon Valley Bank 20 Jul 2021
Series B $56.00M 4 Lemnos VC 03 May 2021
Series A $12.50M 2 19 Dec 2018
Seed Round $2.50M 1 28 Oct 2018

Latest News of Path Robotics

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No recent news or press coverage available for Path Robotics.

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