MEKAWIRE
United States—Series B

Realtime Robotics

Boston developer of collision-free autonomous motion planning software for industrial robots.

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About

Realtime Robotics was founded in 2016 by Dan Sorin, George Konidaris, Sean Murray and Will Floyd-Jones and is headquartered in Boston. It develops real-time, collision-free motion planning that lets one or several industrial robots work autonomously at full speed in unstructured, uncaged settings, aimed at manufacturing and logistics. On 16 October 2019 it announced $11.7 million in Series A funding led by SPARX Asset Management, with Mitsubishi Electric, Hyundai Motor Company and OMRON Ventures joining existing investors Toyota AI Ventures, Scrum Ventures and the Duke Angel Network. On 3 June 2021 it said it had completed its $31.4 million Series A round, with new investors HAHN Automation, SAIC Capital Management, Soundproof Ventures and Heroic Ventures alongside SPARX Asset Management, Omron Ventures, Toyota AI Ventures, Scrum Ventures and Duke Angels. On 27 June 2023 it announced an additional $9.5 million from Shinhan GIB and Kyobo Life Insurance. On 28 May 2024 it announced a strategic investment from Mitsubishi Electric, which led its Series B; the amount was not disclosed.

Key stats
Latest funding
— Series B
Total funding
$52.6M
Latest valuation
—
Founded
2016
Country
United States
Latest roundsAll rounds