Clearpath Robotics Funding Expands
Techcrunch.com reported that Clearpath Robotics has raised $30million in funding to further build its business carrying payloads and lifting and placing palettes in warehouses and factories. With clients like John Deere and GE, and an exceptional safety record, Clearpath Robotics has seen growing equity funding now approaching about $41.5 million. Warehouse and factory floor markets are ideal for robotic automation and represent a quickly expanding industry.
Clearpath CEO and co-founder Matt Rendall offered, “Boxes and pallets moving around the world in the global supply chain are the circulatory system for global commerce. We believe if we can move them more efficiently we can do profound things for the economy.” Images courtesy of Otto Motors.