Realtime Robotics Raises $14.4M in Additional Funding

Realtime Robotics

Realtime Robotics, a Boston, MA-based provider of collision-free autonomous motion planning for industrial robots, raised $14.4M in funding.

The round was led by Soundproof Ventures, Heroic Ventures and SIP Global Partners.

The company intends to use the funds to continue to scale and meet industry demand for RapidPlan software, invest in overall engineering development and enable additional enhancements to its core software.

Led by CEO Peter Howard, Realtime Robotics provides a technology platform that generates collision-free motion plans in milliseconds for industrial robots and autonomous vehicles. The system empowers robots to function together in unstructured and collaborative workspaces, as well as to react to dynamic obstacles the instant changes are perceived.

With RapidPlan, customers can automate the programming, deployment and control of their industrial robots within applications such as automotive or logistics, autonomously creating and choreographing all robot movements without the need for brand-specific robot programming.

Within the software environment, users create a digital twin simulation of their workcell and then point and click on robots and target points to visualize collision-free task plans, saving weeks to months of programming time per project. The same software used for the simulation environment controls real-world robots.

FinSMEs

08/09/2022