Startups and VCUpdated Yesterday

Path Robotics' $300M round values it at about $2.45B.

Path Robotics develops software for intelligent industrial robots. Georgian led its $300 million round, joined by existing investors Addition, Drive Capital and IronArc. The financing valued the company at about $2.45 billion, nearly four times its previous valuation. That’s a striking jump for a company working on software for industrial robots—and three investors already involved with Path Robotics took part in the round.

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