Path Robotics, the Columbus-based AI Robotics company responsible for designing the world's first truly autonomous robotic welding system, has received $56 million in Series B funding, bringing the total invested in the company to $71 million. Addition led the round and was joined by returning investors Drive Capital, Basis Set, and Lemnos Lab.
"Path Robotics is solving a complex and critical problem in our country by bridging the gap between the supply of skilled welders and demand," said Lee Fixel of Addition. "We look forward to supporting the company as it works to lead American manufacturing into the future."
Path Robotics is the only company in the world offering turnkey, robotic welding systems capable of autonomous welding. Its A.I.-driven, robotic product is a market disruptor as it redefines industrial robotic welding.
The Columbus-based venture capital firm Drive Capital returns as an investor in Path Robotics.
"We are thrilled to continue our partnership and investment in Path Robotics. Their A.I. and computer vision technology is solving a large and urgent need for manufacturers around the world," said Nick Solaro, Partner at Drive.