First Resonance Raises $14M Series A To Fuel Development Of Factory Operating System To Help Manufacturers Navigate Unprecedented Supply Chain Challenges

Dec 09, 2021•over 3 years ago

Amount Raised

$14 Million

Round Type

series a

Los Angeles

Description

First Resonance, a Los Angeles-based start-up transforming manufacturing with its Factory Operating System, ION, today announced a $14M Series A investment led by Craft Ventures and joined by existing investors including Blue Bear Capital, Fika Ventures, and Stage VP. The ION manufacturing platform has been deployed across more than two-dozen companies including Joby Aviation, Astra, Reliable Robotics, and some of the world's largest manufacturers. This latest funding will be used to scale ION to help customers increase production rates and product lines to meet global demand for manufactured products. With this round, Craft Ventures' Partner, Michael Tam will also join the First Resonance Board.

Company Information

Company

First Resonance

Location

Los Angeles, California, United States

About

Headquartered in Los Angeles, California and run by a team of former engineers at SpaceX, JPL, Zoox, Toyota, First Resonance is breaking down the barriers between design, manufacturing, and product delivery with its ION manufacturing platform, so engineers building next generation hardware companies can move faster and continuously innovate on delivering better hardware to the world. The company is backed by Blue Bear Capital, Craft Ventures, Fika Ventures, Wavemaker Partners, Stage Venture Partners, and other leading investors. For more information on First Resonance please visit: https://www.firstresonance.io

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech