Machina Labs recently secured $32 million in Series B investment. The company combines AI and robotics to manufacture advanced composite and metal products. The funding round was co-led by NVentures, NVIDIA’s venture capital arm, and Innovation Endeavors, with additional contributions from new and existing investors. This brings the total raised by Machina Labs to $45 million.
The investment will help the Los Angeles-based company meet increasing customer demand and intensify research initiatives. Machina Labs aims to develop the next generation of manufacturing floors that can easily adapt to production changes through software modification, eliminating the need for hardware or tooling changes.
Founded in 2019, Machina Labs’ patented manufacturing platform enables robotic sheet forming, offering flexibility and agility to the manufacturing industry. The platform uses material- and geometry-agnostic technology, eliminating reliance on custom molds or dies.