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Path Robotics raises $300 million Series E at a $2.45 billion valuation for AI welding robots
Nov 10, 2026
Georgian led the round for Path Robotics, whose ARR grew 17-fold in 18 months with customers including HII, Lockheed Martin and Saronic.
Path Robotics raised $300 million in Series E financing at a $2.45 billion post-money valuation, according to Ohio Tech News. Georgian led the round, which brought the robotic welding company's total funding since 2018 to more than $610 million.
Path Robotics said its annual recurring revenue grew 17-fold over the past 18 months as it added industrial deployments across North America. Customers include HII, Lockheed Martin, Saronic, EK Machine, Millerbernd Manufacturing Company, TransAmerican Power Products, and TYCROP.
The company will use the funding for more deployments, new robotic platforms, computing resources, and AI model training. It plans to expand beyond welding into other manufacturing tasks in 2027 and grow its workforce to 400 employees by the end of 2026.
Path Robotics' Obsidian model uses production data to identify weld joints, plan and execute welds, and adjust to changing conditions. Its Rove system combines Obsidian with a four-legged robot that can move welding equipment directly to a part.
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