Realtime Robotics has been raising funding at a steady clip since announcing a two-pronged $31 million Series A back in 2021. This week’s $9.5 million announcement is a fast follow-up to last September’s $14.4 million raise. The new funds from Shinhan GIB and Kyobo Life Insurance push the Boston-based firm’s to date raise to north of $54 million. The funding is all part of what’s been effectively one prolonged Series A.
This time last year, Realtime unveiled RapidPlan, software that helps manufacturers deploy robots in an industrial setting. The system provides a variety of different features, including simulation, control, task management and programming. The company says the software can save deployers “weeks to months” of automation setup.
“Manufacturers need to accelerat...