From Academic Research to Commercial Solution, Now We’re Onto Our Next Leap
Dan Sorin |Oct. 18, 2019
As a co-founder of Realtime Robotics, it gives me great pleasure to share the exciting news about the investments that have been made as part of our Series A round! We raised $11.7 million from SPARX Asset Management, Mitsubishi Electric Corporation, Hyundai Motor Company, OMRON Ventures, Toyota AI Ventures, Scrum Ventures, and the Duke Angel Network. This investment is both a great show of confidence in our work and a tremendous catalyst for the next stage of our company. We are delighted to partner with our investors to bring our game-changing robotics technology to the masses.
A startup company like Realtime Robotics needs three things to succeed: a great idea, outstanding people, and investors who share the company’s vision for the future.
With this Series A investment, the incredible Realtime team can now take the next step in taking our novel technology from limited-release products to market-ready products that will transform industrial automation, logistics, autonomous driving, and several other industries. As someone who was there from the beginning—when the founders made the first key breakthrough and then produced a demonstration of the initial idea in practice in a university lab—it is thrilling to see where we are now and to imagine where we will be next.
Stay tuned! - Dan Sorin