AI-focused manufacturing startup raises $106 million, from Nvidia and others

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Nvidia News

Series C Funding Round,San Francisco-Based Company

Software and robotics startup Bright Machines raised $106 million in a Series C funding round that included Nvidia and Microsoft as investors, the company...

- Software and robotics startup Bright Machines raised $106 million in a Series C funding round that included Nvidia and Microsoft as investors, the company said on Tuesday.

Other investors in the Series C funding round included venture capital firm Eclipse Ventures, robotics maker Jabil and BlackRock. Bright Machines raised $20 million in debt from J.P. Morgan as well. The company's goal is to eventually allow an engineer to design a product inside of the Bright Machines environment and "press a button" to have a robotic system thousands of miles away manufacture the object, Susan said.

"If I can give Nvidia a month faster to introduce a new product ... it's worth - in this AI background - so many billions of dollars," Susan said.

 

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