Realtime Robotics raises $11.7 million Series A funding
BOSTON–(BUSINESS WIRE)–Realtime Robotics, the inventor of responsive motion planning for industrial robots and autonomous vehicles, announced today that it has raised $11.7 million in Series A funding. Led by SPARX Asset Management the round included participation from Mitsubishi Electric Corporation, Hyundai Motor Company, and OMRON Ventures, alongside existing investors Toyota AI Ventures, Scrum Ventures, and the Duke Angel Network. The new capital will be used to accelerate the development of more commercial product releases and expand the team to support key customers and partners across the globe