RealSense, a developer of computer vision technology, said on Friday it has completed a spinout from Intel Corp (INTC.O) and raised $50 million in Series A funding, positioning itself as an independent company focused on artificial intelligence, robotics, biometrics and embedded vision systems.
The funding round was led by a semiconductor-focused private equity firm, with additional backing from strategic investors including Intel Capital and the MediaTek Innovation Fund, RealSense said in a statement.
CEO Nadav Orbach said the capital will be used to expand the company’s go-to-market operations, scale manufacturing and meet rising demand for autonomous mobile robots (AMRs) and AI-based security systems. RealSense said its depth-sensing cameras are integrated into about 60% of AMRs and humanoid robots globally.
“The rise of physical AI offers scalable growth opportunities,” Orbach said, adding that independence from Intel gives the company flexibility to accelerate innovation.
Founded within Intel, RealSense is headquartered in Santa Clara, California, and supports over 3,000 customers worldwide. Its technologies are deployed across industrial automation, healthcare and access control, with partners including ANYbotics, Eyesynth and Unitree Robotics.
The company recently launched its D555 depth camera, featuring Power over Ethernet and its next-generation Vision SoC V5, as it seeks to strengthen its position in embedded AI and edge computing.
RealSense plans to expand its engineering team and GTM footprint to support rapid growth in robotics and biometric applications, which it said are projected to more than quadruple to $200 billion within six years.