Tank Talks By Ripple Ventures Building the Operating System for the Future of Automation with Ryan Gariepy of Clearpath Robotics
In this episode of Tank Talks, Matt Cohen chats with Ryan Gariepy, CTO and Co-Founder of Clearpath Robotics, on how a garage project from four Waterloo grads turned into one of Canada’s biggest deep tech exits. Ryan takes us behind the scenes of Clearpath’s $600M acquisition by Rockwell Automation and the company’s journey from building robots for researchers to dominating the autonomous mobile robot (AMR) space.
The conversation covers building during a hardware-unfriendly time, the harsh realities of supply chains, the open-source bet that changed robotics, and what it really feels like to pitch in a room of 50+ Rockwell execs. Ryan also breaks down why humanoid robots are still far off, the evolution of talent in robotics, and how Canada can stay in the game. A must-listen for anyone building in frontier tech, hard tech, or just trying to scale something real.
Garage to Global Robotics Platform (00:00:49)
* Building Clearpath as a first job out of university
* From LEGO and sci-fi to industrial-grade robots
* “We didn’t incorporate until we sold our first piece of vaporware.”
* Early clients and funding in a post-2008 downturn
Finding Product-Market Fit in Robotics (00:07:22)
* Observing where researchers were getting bored and the industry was getting excited
* Why they skipped the self-driving car race and focused on logistics
* Clearpath’s strategic bets: industrial automation, mining, and inventory tracking
The Role of Strategic Investors (00:10:00)
* Caterpillar, GE, and Hyundai backed Clearpath with market-aligned capital
* “They were bought into the vision before the checks were written.”
The Rockwell Deal: Behind the $600M Exit (00:10:48)
* Term sheet to close in five months: “It felt like an eternity.”
* Surviving a 50-person technical due diligence call
* Lessons from being tested by Fortune 500 execs: “I’m proud I made it through.”
* On integration: "Separate your identity from your company early, it helps."
Post-Acquisition Life and Scaling with Rockwell (00:16:16)
* Transitioning from founder to employee
* How joining Rockwell offered the scale Clearpath couldn’t build alone
* The upside of collaborating with seasoned technical leaders
ROS, Open Source, and the OSRA Launch (00:17:11)
* Founding the Open Source Robotics Alliance
* Making open-source robotics enterprise-ready
* “We want people to build on reliable tools, not reinvent the wheel.”
AI, Hype vs. Reality in Robotics (00:20:03)
* Why LLMs aren’t yet revolutionizing robot performance
* Cautioning against overhyping early AI integrations
* “Writing the algorithm is the easy part, everything around it is the hard part.”
The Evolution of Robotic Talent (00:23:07)
* From grad-school coders to cross-industry engineering pros
* Production-grade code becoming the standard
* The underrated value of hiring low-ego, heads-down engineers early
Lessons from Scaling Hardware Through Crisis (00:27:23)
* Navigating power cable shortages during COVID
* Being vertically integrated saved them barely
* “Our margins took a hit, but our suppliers knew we were long-term partners.”
Why Autonomy in Plants Will Win (00:34:07)
* Factory robots vs. public-road self-driving cars
* Simpler operational environments = faster ROI
* “We already have the existence proof for factory autonomy.”
The Future of Robotics (00:36:59)
* Hoping for better sensors, especially depth cameras
* Small, on-device AI models for better HRI (Human-Robot Interaction)
* “The tech isn’t quite conscious, but we’re close to robots that can explain themselves.”
About Ryan Gariepy
Ryan Gariepy is the CTO and Co-Founder of Clearpath Robotics, a Waterloo-born robotics company that pioneered open-source development in autonomous mobile robots. In 2023, Clearpath was acquired for $600M USD by Rockwell Automation. Ryan is a board member of the Open Source Robotics Foundation, co-chair of the Canadian Robotics Council, and a vocal advocate for AI and robotics leadership in Canada.
Connect with Ryan Gariepy on LinkedIn: https://ca.linkedin.com/in/rgariepy
Visit Clearpath Robotics Website: https://clearpathrobotics.com/
Connect with Matt Cohen on LinkedIn: https://ca.linkedin.com/in/matt-cohen1
Visit the Ripple Ventures website: https://www.rippleventures.com/
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