Bright Machines, a San Francisco, CA-based company which specializes in intelligent, software-defined manufacturing, raised $126M in Series C funding.
The round, which brought the total amount to over $400M, consisted of $106M BlackRock with participation from NVIDIA, Microsoft, Eclipse, Jabil and Shinhan Securities, and $20M in venture debt from J.P. Morgan.
The company intends to use the funds to launch product innovations, expand its software stack for increased assembly flexibility, and grow strategic relationships with ecosystem partners.
Led by CEO Lior Susan, Bright Machines is a software and robotics company that offers an automation solution for manufacturing. Its flexible automated assembly specializes in building the AI backbone — AI hardware infrastructure. By leveraging computer vision, machine learning, and software applications, Bright Machines transforms the way products can be designed and manufactured.
The company has more than 200 employees worldwide.
FinSMEs
25/06/2024