Path Robotics raises $300 million Series E at $2.45 billion valuation
Path Robotics announced it has closed a $300 million Series E round at a post-money valuation of $2.45 billion, led by Georgian, with participation from Addition, Drive Capital, Tiger Global, Yamaha Motor Ventures, D. E. Shaw Ventures, NAVER Ventures and others.
Why it matters: Beyond the funding size and valuation, the article also covers the Obsidian welding model and the Rove quadruped platform, which can be used to assess its physical AI's expansion path from welding to multiple forms.