Tempo Automation, a San Francisco, CA-based software-enabled electronics factory, raised $8M in Series A funding.
The round was led by Lux Capital with participation from SoftTech, AME Cloud Ventures and existing investor Bolt.
The company intends to use the funds continue to develop the platform.
Led by Jeff McAlvay, CEO, Tempo provides a platform that allows electrical engineers to develop and work on next generation physical products such ad Autonomous cars, connected devices, virtual reality, wearables, satellites, medical devices, robots, and drones, among others, by accessing to fully assembled and tested boards quickly, on demand, and getting their product to market faster.
Customers include early hardware startups and large consumer electronics companies.
FinSMEs
30/06/2016