Bright Machines raised $126M in Series C funding led by investment from funds and accounts managed by BlackRock with participation from NVIDIA, Microsoft, Eclipse, Jabil, and Shinhan Securities and venture debt from J.P. Morgan.
PRIVATEJun 25, 2024
Amount Raised
$126
Round Type
Series C
San FranciscoManufacturingInformation TechnologySoftware
Investors
J.P. MorganShinhan SecuritiesJabilEclipseMicrosoftNvidiaBlack Rock
Description
Bright Machines, an innovator in intelligent, software-defined manufacturing, has raised $126M in Series C funding. The new round, with $106M in equity and $20M in venture debt, will be used to launch product innovations, expand its software stack for increased assembly flexibility, and grow strategic relationships with ecosystem partners.
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Company Information
Company
Bright Machines
Location
132 Hawthorne
San Francisco, California, United States
About
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.
With more than 160 employees worldwide, Bright Machines is headquartered in San Francisco, California. Bright Machines has been previously named "Best AI-based Solution for Manufacturing" by AI Breakthrough, "Technology Pioneer" by the World Economic Forum, and one of "America's Most Promising Artificial Intelligence Companies" by Forbes.
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San FranciscoManufacturingInformation TechnologySoftware