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Path Robotics Inc., a startup working to automate industrial welding workflows, today announced that it has raised $300 million in funding. Georgian led the Series E round. It was joined by a consortium that included the venture capital arms of Yamaha Motor Co. and Navier Corp., one of South Korea’s largest tech firms. The investment […] The post Industrial automation startup Path Robotics raises $300M in funding appeared first on SiliconANGLE .

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Path Robotics, an Ohio startup that builds AI to let robots weld, has raised $300m in a Series E round at a $2.45bn valuation. Georgian, an AI-focused growth equity firm, led the round, the company said. The deal nearly quadruples Path’s valuation, Bloomberg reported. Existing investors Addition, Drive Capital, IronArc Ventures, Tiger Global and Yamaha […] This story continues at The Next Web

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Georgian led the Series E round for the maker of AI software for welding robots; the company plans to expand into defense and energy

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Path Robotics這間製造業實體人工智能的全球領先企業，今日宣布完成3億美元E輪融資，投後估值達24.5億美元。這次融資由專注人工智能的增長型股權投資公司Georgian牽頭，現有投資者Addition、Drive Capital、IronArc Ventures、Tiger Global、Yamaha Motor Ventures及其聯屬公司，以及新增投資者D. E. Shaw Ventures和NAVER Ventures亦有參與。Georgian合夥人Emily Walsh將加入Path Robotics董事會。 這次投資正值Path Robotics商業迅速擴張之際，過去18個月，公司在北美主要工業客戶中擴大部署，年度經常性收入（ARR）增長17倍。新資金將加快公司在對美國工業產能至關重要的行業中部署其實體人工智能平台，支持業務從焊接擴展到新的製造任務和機械人形態，並增加對人工智能模型訓練的投資。 Path Robotics行政總裁兼聯合創辦人Andy…

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