RealSense spins out of Intel to scale its stereoscopic imaging technology

RealSense, a stereoscopic imaging technology company, has spun out of Intel after 14 years of development within the semiconductor giant. Led by CEO Nadav Orbach, who has been with Intel since 2006 and transitioned to managing RealSense’s innovation efforts, the company focuses on real-time, high-accuracy 3D perception technology. Initially exploring various applications such as gesture recognition for computers and phones, RealSense found its primary market in robotics, while also serving diverse industries including fish farming and AI-driven restaurant inventory management. The company currently serves over 3,000 customers and has experienced increased demand in recent years, driven by advancements in AI. The decision to spin out was motivated by the need to scale more effectively and meet growing market demand. RealSense secured approval for the spinout last year and has raised $50 million in a Series A funding round led by Intel Capital and other strategic investors. The new capital will be used to expand the go-to-market team and enhance the technology,