By VC News Daily
SAN FRANCISCO, CA, Bright Machines, an innovator in intelligent, software-defined manufacturing, announced today it has raised $126 million in Series C funding.
Bright Machines announced today it has raised $126M in Series C funding, with $106M in equity led by investment from funds and accounts managed by BlackRock and participation from NVIDIA, Microsoft, Eclipse, Jabil and Shinhan Securities, and with $20M in venture debt from J.P. Morgan. This brings the company’s total amount raised to more than $400M. The capital will be used to launch product innovations, expand its software stack for increased assembly flexibility, and grow strategic relationships with ecosystem partners.
Bright Machines is an industry-leading software and robotics company that offers a full-stack automation solution for manufacturing. Bright Machines’ 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.
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