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Clearpath Robotics
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Clearpath Robotics

http://www.clearpath.ai/
Last activity: 06.10.2016
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Categories: EnterpriseEventHardwareHumanIndustryManufacturingRoboticsServiceSoftwareVehicles
Clearpath Robotics is dedicated to automating the world’s dullest, dirtiest, and deadliest jobs with intelligent service robots. Clearpath provides enterprise hardware, software, and services to drive profit and efficiency for the world’s most innovative brands.
Its division OTTO Motors is designing, manufacturing and operating self-driving vehicles for industry, with the ultimate goal of making human driving obsolete.
Karam met Co-Founder Matt Rendall at an Extreme Startups pre-Demo Day event in 2012 — a chance encounter that led to our Series A investment two years later. At the time, we saw a shift beginning to emerge in the use of unmanned vehicles: traditional use was relegated to dull, dangerous and low precision jobs. However, with robots becoming cheaper, smaller, smarter and more energy efficient, they were beginning to gain flexibility and potential for adoption in broader contexts.
With stronger intelligence, the application of unmanned vehicles in key industry areas, like pallet transport, is poised to become more prolific. Clearpath’s Automated Materials Transport ("AMR") solution is a standout in the space: offering a flexible and scalable system that is adaptable for the long term.
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Mentions
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Location: United States, California, Glendale
Employees: 51-200
Total raised: $44M

Investors 3

Funding Rounds 2

DateSeriesAmountInvestors
05.10.2016-$30M-
18.03.2015Series A$14MInovia Cap...

Mentions in press and media 3

DateTitleDescription
06.10.2016Agtech Funding Sheet: Singapore State Fund Temasek Invests in Seed Tech Company, ClearPath Robotics Raises $30m, moreVoloAgri, a vegetable seed technology and breeding company, raised $69 million in Series C funding in a round led by Singapore state fund Temasek, joined by WP Global Partners and others. This is Temasek’s third agtech investment in under a...
05.10.2016Clearpath Robotics Raises $30M in FundingClearpath Robotics, a Kitchener, Ontario-based provider of self-driving vehicle solutions, completed a $30m (USD) funding round. The investment was led by iNovia Capital with participation from Caterpillar Ventures, GE Ventures, Eclipse Ven...
18.03.2015Clearpath Robotics raises $14 million Series A from RRE & iNoviaKitchener-Waterloo based Clearpath Robotics announced today that it has raised a $14 million CAD Series A round from RRE Ventures, with participation from iNovia Capital. The company also announced that RRE co-founder and managing partner S...

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