Clearpath Robotics raises 30 million to become a Tesla for the factory floor

Ontario tech firm Clearpath Robotics has raised 30 million in a Series B round of venture funding to scale up production of its self-driving vehicles. Intsead, Clearpath makes vehicles that autonomously move boxes and pallets around factories, warehouses and distribution centers. Clearpath CEO and co-founder Matt Rendall tells TechCrunch, "Boxes and pallets moving around the world in the global supply chain are the circulatory system for global commerce. We believe if we can move them more efficiently we can do profound things for the economy." Founded in 2008, originally as a computer vision and robotics engineering consultancy, Clearpath today employs 150 full-time in Kitchener.