Robotic VISION Technologies secures more than USD 10.5 million
Robotic VISION Technologies reported securing more than USD 10.5 million to expand sales and marketing for its machine-vision software.
Evidence notes
- The financing combined CEO and director funding with investments from technology funds in the United States, Canada and Germany.
- RVT said it had previously concentrated spending on research and development and was moving into commercial expansion.
- The company named investor Ric Edelman in the announcement but did not identify a lead investor or complete participant list.
Company context
Robotic VISION Technologies develops machine-vision software for robotic guidance, identification and inspection. Its platform helps industrial robots locate parts and execute automated tasks despite variation in position and presentation.