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Kitchener’s Clearpath Robotics fuels up for growth

One of the Waterloo Region’s fastest-growing technology companies — Clearpath Robotics — capped a year of major expansion by raising $14 million in venture capital.

Source: www.therecord.com

The capital infusion is needed to ensure Clearpath maintains and expands its share of the international market for robotic vehicles. McKinsey & Co. estimates the robotics market across health care, manufacturing and services will be worth $1.7 trillion to $4.5 trillion annually by 2025.


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