RealSense Breaks Away from Intel, Secures $50 Million to Advance AI Vision in Robotics

We begin with RealSense, a company that has shaped AI vision technology for years. Formerly part of Intel, RealSense has now stepped out on its own, raising $50 million in Series A funding. This milestone fuels its mission to advance robotics with smarter, more capable depth cameras.

This funding comes from big names like Intel Capital and MediaTek Innovation Fund. RealSense, run by CEO Nadav Orbach, has about 130 employees working in the U.S., Israel, and China.

We see this as a turning point, boosting its plans for new products, bigger manufacturing, and a stronger global presence.

The History Behind RealSense

We trace RealSense back to its roots as Intel Perceptual Computing, started over a decade ago. Its goal was simple: build technology to help machines see and understand the world. In 2015, it launched its first depth camera, changing how devices interact with their surroundings.

That first product brought 3D imaging and gesture recognition to life. Since then, RealSense has built a strong lineup, including the D555, which adds AI to the mix. We find its progress impressive, especially as it powers industries like gaming, virtual reality, and, most notably, robotics.

What the $50 Million Funding Means for RealSense

We view the recent spin-out from Intel as a bold step for RealSense. The $50 million injection gives it room to grow fast. Intel keeps a minority stake, showing confidence in its future.

This cash will fund big moves. With Nadav Orbach at the helm, RealSense is gearing up to launch new depth cameras, boost production, and expand into more markets around the globe. We also see it investing in research to improve AI software and next-gen tech.

Here’s how RealSense will use the funds:

1. Build new product lines with smarter depth cameras.
2. Expand manufacturing to meet rising demand.
3. Grow its global reach with new partnerships.
4. Research AI software and cutting-edge camera tech.

How RealSense Powers Robotics Today

We marvel at RealSense’s reach in robotics. Its depth cameras sit inside 60% of autonomous mobile robots and humanoids. These machines depend on RealSense to see and move through the world.

Take Unitree Robotics. Their humanoids walk, climb stairs, and even dance, thanks to RealSense tech. Likewise, ANYbotics uses it in quadruped robots to inspect tough industrial sites.

The D555 camera stands out here. With built-in AI, it spots objects and measures distances with precision. We see this as a key reason RealSense leads the pack.

The Future of RealSense in a Growing Market

We predict a bright future for RealSense as robotics booms. Morgan Stanley forecasts the market hitting $5 trillion by 2050. RealSense is ready to ride that wave.

New products will push their tech further. Expanded manufacturing will keep up with orders, while global outreach builds its network. We expect its research to deliver AI software that makes robots even smarter.

Here’s a quick look at RealSense’s edge:

RealSense’s Team and Leadership

We admire the people driving RealSense. CEO Nadav Orbach leads a team of about 130, spread across three countries. Their skills fuel the company’s innovation.

This global crew brings diverse ideas to the table. From the U.S. to Israel and China, they work together to design, build, and sell RealSense tech. We see their teamwork as a strength that sets the company apart.

Final Thoughts

We see RealSense’s split from Intel and $50 million raise as a game-changer. It stands ready to lead AI vision in robotics, with strong products and a clear plan. The company’s role in a $5 trillion market makes its future exciting.

This move builds on a solid past, from its 2015 launch to today’s dominance. We expect RealSense to keep innovating, delivering tools that shape how robots see the world. In this article, don’t give any financial advice.