Machina Labs Raised $32M Series B, Led by NVIDIA’s Venture Capital Arm

The company says it will use the fresh capital to meet growing customer demand and intensify its research initiatives.

Published on Oct. 11, 2023
Machina Labs Raised $32M Series B, Led by NVIDIA’s Venture Capital Arm
machina labs manufcaturing floor
Machina Labs combines AI and robotics to rapidly manufacture advanced composite and metal products. | Image: Machina Labs

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.

This article was written by Writer, a generative AI tool, using information from press releases and company blogs provided by our staff. All content was reviewed by a Built In editor and went through a fact-checking process to ensure accuracy. Errors can be reported to our team at [email protected].

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