Intel Corp. has completed the spin-out of its computer-vision unit, RealSense, establishing the 14-year-old business as an independent company and backing it with a $50 million Series A funding round. The financing was led by an undisclosed semiconductor private-equity firm with participation from Intel Capital and the MediaTek Innovation Fund, leaving Intel with a minority stake. Former Intel vice president Nadav Orbach will head the 130-employee firm as chief executive. RealSense designs stereoscopic depth cameras and embedded vision systems that give robots, drones and security devices three-dimensional perception. The company says its sensors are embedded in roughly 60 percent of the world’s autonomous mobile robots and humanoids, serving more than 3,000 customers including ANYbotics and Unitree Robotics, and it holds over 80 related patents. Proceeds from the round will be used to scale manufacturing in Asia, hire additional AI and robotics engineers, and expand global sales. RealSense’s latest product, the D555 depth camera, incorporates built-in AI and Power-over-Ethernet to ease deployment in industrial automation and security. Orbach said the firm aims to capitalise on a robotics market it expects to quadruple to more than $200 billion within six years, while remaining open to a future public listing.
🤖 RealSense se separa de Intel y consigue 50 mdd para impulsar IA en robótica: La compañía buscará enfocarse en visión computacional y automatización avanzada en sectores como salud, industria y defensa. https://t.co/Zmfcwvyk6B
Computer vision technology firm RealSense said on Friday it has completed its spinout from Intel Corp and secured $50 million in early-stage funding to accelerate expansion into the rapidly growing robotics sector. https://t.co/hyixm1g4lU
Real Sense is back with a 3D AI vision focused on robotics and biometrics 🤖👀 https://t.co/gwq3ZN0N42 @RealSenseai https://t.co/QmPeOk5N8w