Path Robotics raises $300M at a $2.45B valuation after teaching robots to weld
Brothers Andy and Alex Lonsberry built Path around AI welding robots. Georgian just led a $300M round to support its move into broader factory automation.
By RuntimeWire Staff · Published · Updated
Primary source: Bloomberg Technology
Why it matters
The round prices Path on a claim bigger than welding: that data from one hard factory task can train models for the jobs around it. If Obsidian transfers across robot bodies and manufacturing tasks, Path becomes a platform company. If it stays a very good welding system, $2.45 billion is a demanding price.
Andy Lonsberry and his brother Alex Lonsberry started Path Robotics after growing up welding with their father in an Ohio garage. On November 10th, 2026, the Columbus company announced $300 million in Series E financing at a $2.45 billion post-money valuation, led by Georgian. Bloomberg reported the round the same day, describing the valuation as nearly quadruple the previous level.…
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