Bright Machines raises $179mn in venture capital

By Sean Galea-Pace
The US-based manufacturing startup, Bright Machines, has received $179mn in venture capital, Reuters reports. The startup, operated by a group of forme...

The US-based manufacturing startup, Bright Machines, has received $179mn in venture capital, Reuters reports.

The startup, operated by a group of former executives from software giants Autodesk and Flex, aims to utilise a combination of robots and new software to eradicate most of the manual labour from manufacturing electronic devices.

The company is prioritising the areas of micro factories, which consists of robot cells that its customers are using in six countries to replace the people who assemble and inspect electronics, as well as new software tools to enable the manufacturing process to be more efficient.

See more:

It has been revealed that the company utilises micro-factories to manufacture hundreds of thousands of products that can be found from places such as the driveway, hospital or pocket.

Speaking to TechCrunch, Chief Executive Officer Amar Hanspal said: “We’re putting together the people, the tech stack and funding and other resources to go really go tackle this big under-served environment by bringing more automation and software to the factory floor.”

The company currently has over 300 employees and brought in former Autodesk CEO’s Armar Hanspal and Carl Bass as the CEO and board member respectively. In addition, Mike McNamara, CEO of Flex and Steve Luszo, CEO of Seagate, are also board members.

Share

Featured Articles

How technology has improved Health & Safety in manufacturing

Johann Cilliers, Group Marketing Director at Welding Alloys, explains how technology has improved Health & Safety in the manufacturing industry

Nick Dinges, Replique CTO, explores additive manufacturing

Replique’s CTO Nick Dinges shares his knowledge on 3D printing, how localised production can help supply chains & what the manufacturing sector wants

Hanwha to spend US$2.5bn on US solar manufacturing

South Korean chemical manufacturer Hanwha will spend US$2.5bn on US solar manufacturing at Georgia plant, in a new renewable energy push

Hexagon invests in Divergent Technologies digital factories

Digital Factory

India’s smart manufacturing electric vehicle future

Smart Manufacturing

Manufacturing a legacy of safety, sustainability, and skill

Procurement & Supply Chain