What is Realtime Robotics?
Founded in 2016 and headquartered in Boston, Massachusetts, Realtime Robotics is at the forefront of developing sophisticated sensorimotor capabilities essential for the operation of robots and autonomous vehicles. The company's technology aims to enable machines to perceive their environment and react intelligently, a critical component for the widespread adoption of robotics and self-driving technology across various industries. Their work is pivotal in bridging the gap between raw sensor data and actionable robotic control, facilitating safer and more efficient autonomous operations.
How much funding has Realtime Robotics raised?
Realtime Robotics has raised a total of $70.2M across 7 funding rounds:
Angel/Seed
$2M
Series A
$11.7M
Debt
$350K
Debt
$828K
Series A
$31.4M
Other Financing Round
$14.4M
Other Financing Round
$9.5M
Angel/Seed (2017): $2M, investors not publicly disclosed
Series A (2019): $11.7M led by Scrum Ventures, Hyundai Motor Company, Duke Angel Network, Mitsubishi Electric Corporation, OMRON Ventures, SPARX Asset Management, and Toyota AI Ventures
Debt (2020): $350K supported by PPP
Debt (2021): $828K featuring PPP
Series A (2021): $31.4M, investors not publicly disclosed
Other Financing Round (2022): $14.4M with participation from Soundproof Ventures, SIP Global Partners, and Heroic Ventures
Other Financing Round (2023): $9.5M led by Kyobo Life Insurance and Shinhan Financial Group
Key Investors in Realtime Robotics
Scrum Ventures
Scrum Ventures is an early-stage venture firm investing across a range of industries in the U.S. and Japan, known for accelerating portfolio companies with global opportunities and helping corporations innovate.
Hyundai Motor Company
Hyundai Motor Company, a global automobile manufacturer, provides strategic backing, likely focusing on the integration of advanced robotics and autonomous driving technologies into future vehicle platforms.
Toyota AI Ventures
Toyota Ventures is the early-stage venture capital arm of Toyota, investing in frontier and climate technologies including AI and robotics, aiming to support startups tackling significant challenges.
What's next for Realtime Robotics?
The substantial enterprise-level funding secured by Realtime Robotics positions the company for accelerated growth and further innovation in the rapidly expanding field of robotics and artificial intelligence. This strategic investment is expected to fuel advancements in their core technology, expand their market reach, and potentially lead to new partnerships. The company's focus on foundational sensorimotor capabilities suggests a trajectory towards enabling more complex autonomous systems and expanding the application of robotics in diverse sectors, from manufacturing to logistics and beyond.
See full Realtime Robotics company page
