Realtime Robotics
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$2.0m | Seed | ||
$230k | Grant | ||
* | N/A | Series A | |
$11.7m | Early VC | ||
N/A | $2.0m Valuation: $58.5m | Early VC | |
$31.4m | Series A | ||
* | $14.4m Valuation: $157m | Early VC | |
* | $9.5m Valuation: $157m | Early VC | |
* | N/A | Series B | |
Total Funding | $71.2m |
Recent News about Realtime Robotics
EditRealtime Robotics specializes in automatic, collision-free motion planning for industrial robots, significantly enhancing operational efficiency. The company serves clients in the manufacturing and automation sectors, providing solutions that optimize cycle times and improve productivity. Realtime Robotics operates in the industrial automation market, focusing on businesses that utilize multi-robot cells for tasks such as picking, palletizing, and welding. The business model revolves around offering its proprietary RapidPlan software, which generates optimized motion plans and interlocks to ensure seamless robot operations. Revenue is generated through software licensing and service contracts with industrial clients. The company has demonstrated its value through successful implementations, such as reducing cycle times by 17% for Valiant TMS and streamlining programming for FFT. Realtime Robotics continues to innovate and expand its market presence, driven by a commitment to enhancing automation efficiency.
Keywords: collision-free, motion planning, industrial robots, cycle time, automation, RapidPlan, manufacturing, multi-robot cells, productivity, software licensing.