Path Robotics Announces $300 Million Series E Financing at $2.45 Billion Valuation to Scale Physical AI for Manufacturing

“We started with welding because it is one of the hardest jobs on the factory floor to automate, and we’ve proven that our technology can succeed in real production environments,” said Andy Lonsberry, CEO and co-founder, Path Robotics. “We’re seeing accelerating demand from manufacturers that need to expand production capacity but can’t get there with traditional automation. This capital allows us to scale our welding business alongside our customers while investing further in the data, compute, and model development needed to take on every task before and after welding. Our goal isn't to automate one step, but to automate the entire factory.”

“We believe Path Robotics is well positioned to become one of the defining companies in industrial physical AI,” said Walsh. “Path’s proprietary models and growing base of real-world production data can create a powerful advantage, with every deployment helping improve the intelligence behind its systems. The team has built a strong foundation in welding, and we see enormous potential for Path Robotics to extend that intelligence to new manufacturing applications and industries.”

“As demand for critical defense systems continues to grow, scaling production requires innovative approaches,” said Chris Moran, vice president and general manager, Lockheed Martin Ventures. “Our work with Path Robotics advances manufacturing solutions in ways that can help expand capacity. This investment is an important milestone for Path and the broader industry, accelerating the development of technologies that will help strengthen America’s defense industrial base.”

“As America’s largest shipbuilder and the world’s number one producer of unmanned undersea systems we are focused on execution and improving throughput to deliver the ships and technologies our nation needs,” said Eric Chewning, executive vice president of maritime systems and corporate strategy at HII. “By partnering with leading physical AI technologies, like Path Robotics, HII will continue to grow the maritime industrial base and advance adaptive automation solutions in the shipbuilding fabrication processes that support increased throughput and acceleration of production.”