[IT News] RealSense spins out from Intel, secures $50 million to drive AI vision in robotics

[S e u o n g]

RealSense , which is backed by Intel Capital, the MediaTek Innovation Fund, and other strategic investors, is looking to capitalize on surging demand for computer vision sensors that help robots navigate and understand complex environments.
The new funding will be used to scale up manufacturing and expand global go-to-market operations.
CEO Nadav Orbach said the funding will also support research and development of AI software and next-generation depth cameras, but the company declined to disclose the valuation at which it raised funds.
"It's true there are a lot of companies that like to be vertically integrated, and several of those are customers of ours, and we work very closely with them. But on the other hand, I have over 3,000 active customers today with a pretty wide ecosystem play and pretty high growth year over year," CEO Nadav Orbach told Reuters.

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