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ClearPath

Autonomous mobile robots for industrial productivity

Overview

Clearpath builds autonomous mobile robots and robotic platforms for industrial and research settings. Their robots navigate complex environments using onboard sensors, artificial intelligence, and machine learning to understand surroundings, plan routes, and carry out tasks with minimal human help. What sets Clearpath apart is its range of versatile, ready-to-use platforms designed for tough real-world conditions, combined with a focus on safety, reliability, and collaboration with customers in manufacturing, logistics, agriculture, and academia. The goal is to help organizations automate operations, boost productivity, and expand the use of robotics in their work.

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About ClearPath

Simplify's Rating
Why ClearPath is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Robotics & AutomationIndustrial & ManufacturingAI & Machine Learning

Company Size

11-50

Company Stage

Late Stage VC

Total Funding

$80.7M

Headquarters

Kitchener, Canada

Founded

2009

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Simplify's take

What believers are saying

  • Rockwell promoted OTTO at MODEX 2026 and Automate 2026, signaling active commercial push.
  • OTTO reported 16 million production hours and 100-plus fleets, proof of installed credibility.
  • Clearpath still highlights ICRA 2026 research wins, preserving university and lab demand.

What critics are saying

  • Amazon, MiR, and Locus keep pressuring OTTO on price, software, and deployment speed.
  • Rockwell can cut overlapping Clearpath headcount after 2023, eroding product focus by 2027.
  • Clearpath's research brand depends on academic spending; budget freezes would shrink that business fast.

What makes ClearPath unique

  • Clearpath pairs research robots with OTTO industrial AMRs from one Waterloo engineering base.
  • OTTO spans 150-kilogram to 1,900-kilogram payloads, covering factory and warehouse material handling.
  • Rockwell Automation integrates OTTO into broader automation sales, software, and service channels.

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Funding

Total Funding

$80.7M

Below

Industry Average

Funded Over

7 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • 401(k) Company Match
  • Professional Development Budget

Growth & Insights and Company News

6 month growth

-49%

1 year growth

-49%

2 year growth

-49%
UNITED NEWS NETWORK GmbH
Jan 24th, 2025
Rockwell Automation Acquires Clearpath Robotics

Rockwell Automation has completed its acquisition of Clearpath Robotics, including its industrial division OTTO Motors, enhancing its capabilities in autonomous mobile robots (AMRs) for industrial applications. This acquisition is expected to boost Rockwell's fiscal year 2024 revenue growth by a percentage point. The AMR market in manufacturing is projected to grow 30% annually, reaching $6.2 billion by 2027. OTTO Motors will be showcased at Rockwell's Automation Fair in Boston, Nov. 6-9.

WTWH Media LLC
Sep 5th, 2023
Rockwell Automation Acquiring Amr Developer Clearpath Robotics

Listen to this articleClearpath Robotics’ Ridgeback autonomous mobile robot. Rockwell Automation is acquiring Clearpath Robotics, an Ontario, Canada-based developer of autonomous mobile robots (AMRs) for research and development purposes. OTTO Motors, a division of Clearpath, develops AMRs for manufacturing and logistics applications and is also part of the acquisition. Financial details of the pending acquisition were not disclosed. However, the acquisition will be funded by a portion of the proceeds from the sale of Rockwell’s investment in PTC. It is subject to customary regulatory approval and is expected to close in the first quarter of Rockwell’s fiscal year 2024

Logistics Business Magazine Ltd
May 16th, 2023
Mitsubishi Electric Invests in OTTO Motors - Logistics Business® M

Mitsubishi Electric Invests in north American autonomous mobile robot supplier, in major deal following years of partnership

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