# Realtime Robotics

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

- Industry: Software
- Headquarters: Boston, US
- Website: www.rtr.ai
- Total disclosed funding: $48M
- Latest round: Series A (Jul 28, 2022)
- Investors on record: 12

## About

Founded in 2016, and based in Massachusetts, US, Realtime Robotics, Inc. operates as a developer of motion planning and control processors for robots and autonomous vehicles. The company is led by its CEO, Peter Howard and was founded by its Chief Roboticist, George Konidaris; Robotics Engineer, Will Floyd-Jones; Chef Architect, Dan Sorin; and Robotic Systems Engineering Director, Sean Murray. In June 2023, Realtime Robotics, Inc. raised USD 9.5 million in venture funding from new investors Shinhan Securities and Kyobo Life Insurance.


The firm offers RapidPlan, a real-time collision-free motion planning software that enables users to deploy, update, and/or re-deploy industrial robots with little to no scripting. The RapidPlan’s cross-compatibility feature allows it to run single or many robots independently at full speed in unstructured and caged environments for applications such as palletizing, assembly line, and inspection. Companies in the warehouse and automotive manufacturing industries are among their clients.

Realtime Robotics, Inc. plans to use the June 2023 funding to further develop its product, expand go-to-market initiatives, and integrate customers' feedback.

## Funding rounds

- Series A, Jul 28, 2022, $14M — Strategic Incubation Partners, Heroic Ventures, Soundproof Ventures
- Series A, Jun 3, 2021, $20M — SPARX Group, Scrum Ventures, Omron Ventures, Duke Angel Network, Heroic Ventures, Toyota Ventures, SAIC Capital, Hahn Group, Soundproof Ventures
- Series A, Oct 16, 2019, $12M — SPARX Group, Scrum Ventures, Omron Ventures, Duke Angel Network, Hyundai Motor Company, Toyota Ventures, Mitsubishi Electric
- Seed, Oct 30, 2017, $2M — SPARX Group, Scrum Ventures, Duke Angel Network, Toyota Ventures

## Investors

- SPARX Group (https://capitalatlas.ai/funds/sparx-group) — Seed, Series A
- Scrum Ventures (https://capitalatlas.ai/funds/scrum-ventures) — Seed, Series A
- Duke Angel Network — Seed, Series A
- Toyota Ventures (https://capitalatlas.ai/funds/toyota-ventures) — Seed, Series A
- Omron Ventures (https://capitalatlas.ai/funds/omron-ventures) — Series A
- Hyundai Motor Company — Series A
- Mitsubishi Electric — Series A
- Heroic Ventures (https://capitalatlas.ai/funds/heroic-ventures) — Series A
- SAIC Capital (https://capitalatlas.ai/funds/saic-capital) — Series A
- Hahn Group — Series A
- Soundproof Ventures (https://capitalatlas.ai/funds/soundproof-ventures) — Series A
- Strategic Incubation Partners (https://capitalatlas.ai/funds/strategic-incubation-partners) — Series A