Startups

Machina Labs Nabs $32M Series B

Image: Machina Labs

Tech giant NVIDIA is bringing AI fever—and dollars—to manufacturing. 

Machina Labs raised a $32M Series B round co-led by NVIDIA’s venture arm to continue building out its robotics and AI-based manufacturing capabilities, the company announced yesterday. 

“This Series B funding underscores the transformative potential of merging robotics and artificial intelligence,” said Machina chief Edward Mehr.

The round represents a powerful endorsement from NVIDIA, an AI juggernaut valued at over a trillion dollars. Machina will use the funds raised to meet customer demand and build out various R&D initiatives. The company has now raised $45M since emerging from stealth in 2021. 

Robotic workforce: The LA-based business provides robotic sheet-forming solutions for industrial customers. The company says it “uses robots the way a blacksmith uses a hammer.”

  • Machina believes AI and software-powered sheet forming can increase factory efficiency, speeding up delivery times compared to traditional methods. 

As for space…One of the company’s primary target markets is the rocket and satellite sector. Machina’s capabilities include cutting domes, fairings, and other spacefaring structures. An efficient and rapid manufacturing process would allow space businesses to iterate faster, ultimately accelerating the speed with which a company can bring its launch vehicle or satellite to market.  

Related Stories
StartupsVC/PE

FOSSA Systems Closes Funding Round For IoT Birds

To connect land and ocean, startups are taking to the sky. 

SatcomStartups

Quantum Reveals First Mission, Sentry

Quantum Space is building a mesh communications infrastructure that spans from LEO to cislunar space and beyond to meet growing data needs as humanity expands its reach into the cosmos.   This morning, the company unveiled details of Sentry, its first mission. Sentry will launch on SpaceX’s Transporter-10 rideshare, currently slated for no earlier than March, […]

LaunchStartups

SpaceX Launches Transporter-9

SpaceX’s train to space is striking a regular cadence.

StartupsTravel

Malt, Hops, Yeast—and Stardust 

They say it’s 5 o’clock somewhere—and Beau Warren, founder of Species X Beer Project, is trying to make that somewhere space.  Some background: Warren considers himself a long-time space lover who grew up visiting the Smithsonian’s Air and Space Museum in DC. He founded Species X in September 2021, and is in the process of […]