Path Robotics

Path Robotics

Autonomous welding robots using AI technology

About

Path Robotics focuses on autonomous welding in the manufacturing sector. Their robots utilize advanced AI technology to independently scan, position, and weld parts, which streamlines the manufacturing process and reduces the need for skilled labor. The robots create a 3D model of each part using sensor data, allowing them to adapt to variations in parts without requiring identical components or precise positioning. This makes their solution particularly effective in environments with high mix and low volume production. Unlike traditional robotics solutions, Path Robotics operates on a pay-as-you-go subscription model, allowing clients to pay only for the services they use, which makes it more affordable. Additionally, all preventative maintenance is included, further easing the burden on manufacturers. The goal of Path Robotics is to enhance manufacturing efficiency and quality through their AI-driven welding solutions.

Company Stage

Series D

Employees

51-200

Industries

Robotics & Automation, Industrial & Manufacturing

Total Funding

$263.6M

Headquarters

Columbus, Ohio

Founded

2014


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Simplify's Take

What believers are saying

  • $100M Series D funding boosts innovation and expansion of AI-enabled technology.
  • Launch of Path Foundry(TM) opens new revenue streams in contract manufacturing.
  • Job Builder app accelerates production cycles, enhancing customer engagement.

What critics are saying

  • Increased competition from similar AI-driven robotic welding companies.
  • Economic downturns could impact demand for subscription-based solutions.
  • Supply chain disruptions may delay production and delivery of systems.

What makes Path Robotics unique

  • Path Robotics offers AI-driven autonomous welding, eliminating need for skilled welders.
  • Their pay-as-you-go model reduces upfront costs for manufacturers.
  • Proprietary AI creates 3D models, adapting to part variations for high-quality welds.

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Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-5%

2 year growth

-2%

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Unlimited Paid Time Off

Parental Leave

401(k) Retirement Plan

Employee Referral Bonus

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