Realtime Robotics Nabs Series B Round

By VC News Daily

BOSTON, MA, Realtime Robotics, the leader in collision-free autonomous motion planning for industrial robots, has secured a strategic investment from Mitsubishi Electric Corporation.

This is the lead investment in Realtime Robotics’ recently opened Series B round. Mitsubishi Electric was also a participant in the Series A round, and will be adding a senior representative to Realtime’s Board of Directors.

Realtime Robotics is the leader in automatic, collision-free motion planning for industrial robots. Its innovative technology generates optimized motion plans and interlocks to achieve the shortest possible cycle time in single and multi-robot workcells. The company’s solutions expand the potential of automation, empowering multiple robots to work closely together in unstructured and collaborative workspaces, reacting to dynamic obstacles the instant changes are perceived.

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Source: VC News Daily