Path Robotics Raises $100M

Path Robotics, an AI-powered robotic welding startup based in Columbus, has successfully raised $100 million in venture capital to fuel its expansion and innovation in the field of automated welding.

• Funding Round: The funding round was led by Matter Venture Partners and Drive Capital, with additional backing from Yamaha Ventures, Taiwania Capital, MediaTek, Catapult Ventures, Gaingels, Addition, Tiger Global, and Basis Set.

• Purpose: Funds will be used to expand operations and enhance product development.

• Founders: Founded in 2023 by brothers Andy and Alex Lonsberry, Path Robotics has developed two flagship robotic welding products.

• Client Base: Their systems are already deployed across fabrication shops in the US and Canada.

With this funding, Path Robotics is well-positioned to push the boundaries of AI-driven manufacturing and redefine welding in the modern age.