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.

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,

RealSense, a computer-vision and robotics company, has spun out from Intel and raised $50 million in Series A funding, the company announced Friday.Formerly known as Intel RealSense, the company said it will use the funding to reach new markets and meet global demand for humanoid and autonomous mobile robots,