Realtime Robotics

Market context

Realtime Robotics develops motion-planning and optimization software for industrial robot workcells. Its RapidPlan and cloud-based Resolver systems generate collision-free paths, coordinate multiple robots and search large workcell solution spaces to reduce programming effort and cycle time. Founded from Duke University research, the Boston company reports 53 awarded patents and works with industrial automation partners including Mitsubishi Electric, Siemens and Kawasaki Robotics.

Facts

• Website: https://rtr.ai/
• HQ: Boston, Massachusetts, United States
• Founded: 2016
• Segment: autonomy software
• Known funding rounds: 3

Funding

• 2024-05-28 - Series B - Realtime Robotics secures Mitsubishi Electric-led Series B investment - source: rtr.ai
• 2023-06-27 - Funding round - $9.5M - Realtime Robotics raises $9.5M Funding round - source: bizjournals.com
• 2022-09-07 - Additional funding - $14.4M - Realtime Robotics secures additional $14.4M funding - source: rtr.ai

Investors

• Soundproof Ventures; Heroic Ventures; SIP Global Partners - Lead - Vc - 1 funding event - first seen 2022-09-07

Events

• 2024-05-28 - Funding - Realtime Robotics secures Mitsubishi Electric-led Series B investment - Mitsubishi Electric led the Series B investment. The funding supports collision-free autonomous motion planning and runtime control. Mitsubishi Electric was already a long-term partner and Series A participant.
• 2023-06-27 - Funding - Realtime Robotics raises $9.5M Funding round - Realtime Robotics completed a Funding round financing of $9.5M. The financing was disclosed on 2023-06-27 in USD.
• 2022-09-07 - Funding - Realtime Robotics secures additional $14.4M funding - Realtime Robotics secured an additional $14.4M in funding. The round followed the launch of RapidPlan for industrial robot motion planning. Funding supports broader customer deployment and product scaling.

Team

• Peter Howard - Chief Executive Officer - Directs the company's industrial automation and motion-planning strategy.
• Kevin Carlin - President and Chief Commercial Officer - Leads commercial execution and industry partnerships for Realtime Robotics.
• Steve Dias - Vice President of Engineering - Leads engineering delivery for the company's motion-planning and optimization software.
• Ville Lehtonen - Chief Product Officer - Directs product strategy for industrial motion planning and adaptive control.

Supply chain relationships

• Mitsubishi Electric - Strategic Investor And Automation Partner - Mitsubishi Electric led Realtime Robotics' 2024 Series B investment and expanded their factory-automation collaboration.
• Siemens AG - Industrial Automation Partner - Realtime Robotics and Siemens collaborate on industrial robot workcell integration.

Relationships

• Kawasaki Robotics - Industrial Robot Technology Partner - Realtime Robotics and Kawasaki Robotics collaborate on industrial-robot programming, deployment and control.

Context tags

• Robot motion planning AI - Peer Group - Official company page documents AI-powered industrial robot optimization and motion planning.
• Robot motion planning - Workflow - Official product and company pages document collision-free single- and multi-robot path generation.
• Robot motion planning layer - Stack Layer - RapidPlan and Resolver operate as the planning and optimization layer for industrial workcells.

Articles

• Realtime Robotics is turning motion planning software into a robotic workcell design layer - 2025-05-12 - A Resolver launch at Automate 2025 and RapidPlan collision-free control stack compress robot workcell programming from manual path planning into cloud optimization runs.