# Path Robotics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/path-robotics

- Industry: Industrial Machinery
- Headquarters: Columbus, US
- Website: www.path-robotics.com
- Total disclosed funding: $211M
- Latest round: Series D (Aug 21, 2024)
- Investors on record: 14

## About

Based in Ohio, US, and founded in 2014, Path Robotics Inc. develops fully autonomous and intelligent robotic welding cells. The company was co-founded by Alex Lonsberry, Andrew Lonsberry, Ken Lonsberry, and Matthew Klein. Path Robotics has raised a total of $171M in funding over 4 rounds. Path Robotics is funded by 8 investors including Silicon Valley Bank and Addition. In July 2021, the company raised its latest Series C funding of USD 100 million led by Tiger Global. The company has 117 employees.

Path Robotics Inc.'s platform allows robots to sense, understand, and adapt to the challenges of each unique welding project. The company creates robots for manufacturing with the use of artificial intelligence, machine learning, and computer vision systems. 

The company plans to build imaging and AI robots and a sort of modular ecosystem for the construction robotics category.

## Funding rounds

- Series D, Aug 21, 2024, $50M — Tiger Global Management, Drive Capital, MediaTek Ventures, Yamaha Motor Ventures, Gaingels, Basis Set, Catapult, Taiwania Capital, Addition, Matter Venture Partners
- Series C, May 21, 2021, $100M — Tiger Global Management, Silicon Valley Bank, Addition
- Series B, Jan 29, 2021, $46M — Lemnos Labs, Drive Capital, Basis Set, Addition
- Series A, Dec 19, 2018, $13M — Drive Capital, Basis Set
- Seed, Oct 1, 2018, $2.5M — Lemnos Labs, Basis Set, Xplorer Capital, Eudaimonia Capital

## Investors

- Lemnos Labs (https://capitalatlas.ai/funds/lemnos-labs) — Seed, Series B
- Basis Set (https://capitalatlas.ai/funds/basis-set) — Seed, Series A, Series B, Series D
- Xplorer Capital (https://capitalatlas.ai/funds/xplorer-capital) — Seed
- Eudaimonia Capital — Seed
- Drive Capital (https://capitalatlas.ai/funds/drive-capital) — Series A, Series B, Series D
- Addition (https://capitalatlas.ai/funds/addition) — Series B, Series C, Series D
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series C, Series D
- Silicon Valley Bank — Series C
- MediaTek Ventures (https://capitalatlas.ai/funds/mediatek-ventures) — Series D
- Yamaha Motor Ventures (https://capitalatlas.ai/funds/yamaha-motor-ventures) — Series D
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series D
- Catapult — Series D
- Taiwania Capital (https://capitalatlas.ai/funds/taiwania-capital) — Series D
- Matter Venture Partners (https://capitalatlas.ai/funds/matter-venture-partners) — Series D