The first investment by the RPA technology producer's new CVC unit is in a $51.5m round valuing workplace automation software developer AirSlate above $1.2bn.

UiPath, the robotic process automation (RPA) software provider that floated in one of last year’s biggest initial public offerings, entered the corporate venture capital space yesterday with the launch of subsidiary UiPath Ventures. Founded in 2005 and based in the US, UiPath produces RPA technology which links up with products in areas such as customer…

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