Leave a comment

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.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: