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 company has secured $50 million in Series A funding from Intel Capital (a nice farewell funding) and MediaTek Innovation Fund to expand its presence in existing and new markets as well as to scale its production and sales.
"We are excited to build on our leadership position in 3D perception in robotics and see scalable growth potential in the rise of physical AI," said Nadav Orbach, CEO of RealSense. "Our independence allows us to move faster and innovate more boldly to adapt to rapidly changing market dynamics as we lead the charge in AI innovation and the coming robotics renaissance."
