Machina Labs raises $32m to drive AI-driven manufacturing

Machina Labs, a pioneer in the fusion of artificial intelligence and robotics for rapid advanced composite and metal product manufacturing, has successfully closed a Series B funding round, securing a substantial $32 million. This significant investment, co-led by the new investor NVentures (NVIDIA’s venture capital arm) and the existing backer Innovation Endeavors, alongside contributions from other investors, propels Machina Labs’ total funding to an impressive $45 million.

The newly acquired capital will play a pivotal role in catering to the surging demand from customers, reinforcing ongoing research endeavors, and sustaining the delivery of innovative solutions that consistently surpass customer expectations.

Edward Mehr, CEO and co-founder of Machina Labs, expressed enthusiasm about the support from NVIDIA, emphasizing their profound expertise in artificial intelligence and high-performance computing. This partnership will aid in advancing Machina Labs’ AI and simulation capabilities. Mehr also expressed delight in Innovation Endeavors’ continued support, emphasizing the transformative potential of merging robotics and artificial intelligence. The Series B funding highlights the company’s goal of reshaping manufacturing floors for the next generation, capable of swift production transformations through software modifications without hardware or tooling changes.

Machina Labs raises $32m in Series B round to drive AI-driven manufacturing. Photo courtesy of Business Wire.

Machina Labs is revolutionizing the manufacturing landscape, liberating factories from product-specific constraints. Through software configuration, manufacturing facilities can now operate in an on-demand fashion, unlocking innovation in the production process. By harnessing cutting-edge AI and robotics, Machina Labs delivers finished metal products within days, providing customers with unprecedented time-to-market advantages and a competitive edge.

Sam Smith-Eppsteiner, Partner at Innovation Endeavors, emphasized Machina Labs’ demonstrated execution, technological advancements, and commercial success. He underscored the company’s role in key industrial trends of the next decade, including domestic re-industrialization, defense innovation, electrification, and commercial space.

Mohamed “Sid” Siddeek, Corporate Vice President and Head of NVentures, highlighted the transformative impact of AI on industries worldwide, particularly manufacturing. Machina Labs’ utilization of advanced computing and robotics in sheet metal formation enhances manufacturing facility efficiency and capabilities significantly.

Machina Labs employs robots much like a blacksmith wields a hammer, introducing unparalleled flexibility and agility to the manufacturing sector. This approach empowers rapid and cost-effective transformation of great ideas into reality, expediting the introduction of innovative products to the market.

Machina’s patented manufacturing platform initially focuses on robotic sheet forming. With material- and geometry-agnostic technology, this platform outperforms conventional sheet forming methods that rely on bespoke molds or dies.

Founded in 2019 by aerospace and automotive industry veterans, Machina Labs, headquartered in Los Angeles, California, is at the forefront of advanced manufacturing. Leveraging advancements in artificial intelligence and robotics, the company is pioneering the development of Software-Defined Factories of the Future. Their mission revolves around creating modular manufacturing solutions that can be effortlessly reconfigured through software adjustments to produce new products.

This substantial Series B investment positions Machina Labs at the forefront of AI-driven manufacturing, poised to reshape the industry and usher in a new era of innovation and efficiency.