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.

Intel said it is spinning out its artificial intelligence robotics and biometric venture RealSense and announced a $50 million funding round. RealSense, which makes tools and technology for robotics automation,

RealSense, a pioneer in AI-powered computer vision, today announced its successful spinout from Intel Corporation and the close of a $50 million Series A funding round. With investment led by a renowned semiconductor private equity firm and participation from strategic investors,