Pillsbury Advises RealSense on Spinout from Intel and $50 Million Series A Funding Round

The financing was led by a prominent private equity firm specializing in semiconductors, with additional participation from strategic investors including Intel Capital and MediaTek Innovation Fund. RealSense will now operate as an independent company focused on advancing innovation in AI, robotics, biometrics and computer vision.

A company press release reported that the new capital will support RealSense’s expansion into adjacent and emerging markets and scale its manufacturing, sales and go-to-market global presence to meet increased demand for humanoid and autonomous mobile robotics and AI-powered access control and security solutions.

To learn more about the transaction, click here.

The Pillsbury deal team was led by Corporate partner Allison Leopold Tilley and included senior counsel Lisa Higa, counsel Chunbin Xu and associates Tess Beimler and Alyssa Jatnieks; Intellectual Property partner David Jakopin and special counsel Patricia Cotton; International Trade partner Matthew Rabinowitz; and Executive Compensation & Benefits partner Laura McDaniels.