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Robotics innovator UiPath snags venture capital, valuation reaches $7 billion

Anthony Noto
Robotics innovator UiPath snags venture capital, valuation reaches $7 billion

Robotics company UiPath has closed a Series D investment round, propelling the New York-based startup to a valuation of $7 billion. Coatue, a hedge fund (also based in New York), led the $568-million effort.