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Path Robotics Quadruples Valuation to $2.5 Billion in Latest Funding Round

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EXCLUSIVE Startups Path Robotics Quadruples Valuation to $2.5 Billion in Latest Funding Round Path Robotics, a fast-growing startup that develops software for autonomous manufacturing robots, has secured $300 million in new financing that nearly quadruples the company’s valuation to $2.45 billion. The Series E funding round was led by Georgian, an AI-focused growth equity firm, with participation from existing investors Addition, Drive Capital, IronArc Ventures, Tiger Global and Yamaha Motor...

EXCLUSIVE Startups Path Robotics Quadruples Valuation to $2.5 Billion in Latest Funding Round Path Robotics, a fast-growing startup that develops software for autonomous manufacturing robots, has secured $300 million in new financing that nearly quadruples the company’s valuation to $2.45 billion. The Series E funding round was led by Georgian, an AI-focused growth equity firm, with participation from existing investors Addition, Drive Capital, IronArc Ventures, Tiger Global and Yamaha Motor Ventures. Two new backers, D. E. Shaw Ventures and Naver Ventures, also contributed. The startup has raised around $610 million to date.
Path Robotics Quadruples Valuation (ORG) Latest Funding Round Path Robotics (ORG) Georgian (ORG) Drive Capital (ORG) IronArc Ventures (ORG) Tiger Global (ORG) Yamaha Motor Ventures (ORG) D. E. Shaw Ventures (ORG) Naver Ventures (ORG)
Originally published by Bloomberg Technology Read original →