Path Robotics raises $300M for welding AI; Honda plans $3B Ohio hybrid plant
Path Robotics raised $300 million at a $2.45 billion valuation, and Honda announced a $3 billion hybrid vehicle plant in Ohio.
Factory floor
Honda to build a $3B hybrid vehicle plant in central Ohio
The plant will have an annual capacity of 240,000 vehicles and create more than 2,000 jobs. Production is set to start in 2029, pending final government approvals, and Honda says the investments raise its hybrid capacity in Ohio by 250%.
Deals & funding
Path Robotics raises $300M at a $2.45B valuation to expand robotic welding
The Columbus company says its annual recurring revenue grew 17-fold over 18 months. Georgian led the Series E, and Path says it plans to move beyond welding into other production-line tasks in 2027.
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