RealSense Spins Out from Intel, Secures $50 Million to Advance AI-Powered 3D Vision Technology
13 Sources
[1]
RealSense spins out of Intel to scale its stereoscopic imaging technology | TechCrunch
After 14 years of developing inside of semiconductor giant Intel, RealSense is striking out on its own. RealSense sells cameras that use stereoscopic imaging, a process that combines two images of the same object from different angles to create depth, enhanced with infrared light. This technology
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RealSense completes spin-out from Intel -- Gets $50 million in funding from Intel Capital and MediaTek
RealSense, an Intel brand known for depth cameras, on Friday announced that it had completed spinning out from Intel and will be operating independently from now on. The new company will retain the name RealSense and will focus on AI, robotics, biometrics, and computer vision. The now independent
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RealSense spins out from Intel, secures $50 million to drive AI vision in robotics
July 11 (Reuters) - Computer vision technology firm RealSense said on Friday it has completed its spinout from Intel Corp (INTC.O), opens new tab and secured $50 million in early-stage funding to accelerate expansion into the rapidly growing robotics sector. The company develops cameras that
[4]
Intel spins out AI robotics company RealSense with $50 million raise
The new company, known as RealSense, was announced Friday and comes alongside a $50-million Series A funding round that includes MediaTek Innovation Fund and Intel Capital, the chipmaker's venture arm that it is also spinning out. RealSense, which makes the tools and technology for robotics
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Intel spins off RealSense as a new depth-camera company
RealSense will target the automotive and robotics markets instead. RealSense, a depth-camera technology that basically disappeared within Intel, has returned as a separate company. The company has spun out from Intel and raised $50 million in funding. The company will be led by Nadav Orbach,
[6]
Intel spins off AI robotics unit RealSense with $50 million
Intel is separating its artificial intelligence-powered robotics and biometric division into a standalone business, as tech companies deepen their investments in automation. The company, RealSense, officially launched Friday alongside a $50 million Series A funding round. MediaTek Innovation Fund
[7]
Intel's RealSense spins out with $50M in funding to help AI humanoid robots see the world - SiliconANGLE
Intel's RealSense spins out with $50M in funding to help AI humanoid robots see the world Intel Corp.'s computer vision subsidiary RealSense said today it's now operating as a standalone company after spinning out from its parent and closing on a $50 million round of funding. The round was led by
[8]
RealSense completes Intel spin-out with $50m Series A investment
From left: Chris Matthieu, Fred Angelopoulos and Jimmy Carroll. Image: RealSense First announced back in January, RealSense has completed its spin-out from Intel with a $50m Series A funding round, as the latter seeks to concentrate on its core business. California-based RealSense, an AI-powered
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RealSense completes Intel spinout with $50m Series A investment
Chris Matthieu, chief developer evangelist, Fred Angelopoulos, VP Sales with Jimmy Carroll, VP Operations, RealSense, at TECH B2B Marketing. Image: RealSense First announced back in January, RealSense has completed its spinout from Intel with a $50m Series A funding round, as the latter seeks to
[10]
RealSense Almost Died At Intel. Now It's Spinning Out With $50M In Funding.
Nearly four years after Intel said it planned to 'wind down' its RealSense computer vision business, the division has completed its spinout from the semiconductor giant with funding raised from investors to chase big opportunities in robotics and biometrics. Nearly four years ago, Intel said it
[11]
Intel Unleashes RealSense -- New AI, Robotics Player Scores Huge Investment - Intel (NASDAQ:INTC)
Intel Corp. INTC announced on Friday that it has separated its AI, robotics and biometric business into RealSense, an independent company. The Details: Intel also announced that RealSense has secured $50 million in Series A funding, according to CNBC. The investment round includes backing from
[12]
RealSense spins out from Intel, secures $50 million to drive AI vision in robotics
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. The company develops cameras that enable machines and devices to perceive the world
[13]
RealSense spins out from Intel, secures $50 million to drive AI vision in robotics
(Reuters) -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. The company develops cameras that enable machines and devices to
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RealSense, Intel's depth-sensing camera technology division, has spun out as an independent company, securing $50 million in Series A funding to scale its 3D perception technology for robotics, AI, and computer vision applications.
RealSense Emerges as an Independent Company
RealSense, a division of Intel known for its depth-sensing camera technology, has completed its spin-out from the semiconductor giant after 14 years of internal development
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. The newly independent company, retaining the RealSense name, has secured $50 million in Series A funding from Intel Capital and MediaTek Innovation Fund to fuel its growth and innovation in the 3D perception technology space2
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Source: Benzinga
Leadership and Strategic Focus
Nadav Orbach, a veteran Intel executive who joined the company in 2006 as a CPU architect in Israel, will lead RealSense as its CEO
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. Under Orbach's leadership, the company plans to focus on AI, robotics, biometrics, and computer vision applications2
. The spin-out and funding round received approval from former Intel CEO Pat Gelsinger, marking a significant milestone for both companies1
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Source: CRN
Technology and Market Position
RealSense specializes in stereoscopic imaging technology, which combines two images from different angles with infrared light to create accurate depth perception
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. This technology is crucial for machines like robots, drones, and autonomous vehicles to understand and interact with their physical surroundings1
. The company's depth cameras are currently embedded in 60% of the world's autonomous mobile robots (AMRs) and humanoid robots2
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.Product Innovation and Applications
The company's latest offering, the D555 camera, features Power over Ethernet and is built on the Vision SoC V5 platform, showcasing RealSense's continued innovation in embedded vision technology and edge AI capabilities
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. Beyond robotics, RealSense's technology finds applications in various industries, including:- Fish farms for tracking pen volumes
- Restaurant management, as seen in Chipotle's partnership with PreciTaste
- Facial recognition for security and access control systems
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Market Outlook and Growth Strategy
With the robotics market projected to grow significantly in the coming years, RealSense is positioning itself to capitalize on this expansion
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. The company currently serves over 3,000 customers globally and holds more than 80 patents in computer vision technology2
. To meet growing demand, RealSense plans to:- Expand its engineering team in AI, software, and robotics
- Enhance its sales and go-to-market strategies
- Explore adjacent markets while supporting existing products and clients
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Source: Tom's Hardware
Industry Partnerships and Future Prospects
RealSense collaborates with notable partners such as ANYbotics, Eyesynth, Fit:Match, and Unitree Robotics
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. While the company remains open to future IPO or acquisition opportunities, its current focus is on long-term growth and expansion in the rapidly evolving AI and robotics sectors3
.As RealSense embarks on its journey as an independent entity, it aims to enable the safe integration of robotics and AI into everyday life, emphasizing the enhancement of human potential rather than replacing human creativity or decision-making
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. With its strong market position and fresh capital infusion, RealSense is well-positioned to drive innovation in 3D perception technology and shape the future of AI-powered vision systems.References
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