Machina Labs, a company that combines artificial intelligence and robotics to rapidly manufacture advanced composite and metal products, has received $32 million in Series B financing. This brings the company's total funding to date to $45 million. The company plans to use the latest round of funding to meet growing customer demands, further intensify its research startups, and continue to deliver innovative systems that exceed customer expectations. NVentures, the company's new investor and the startup capital arm of NVIDIA, and returning investor Innovation Endeavors led the round, which also included participation from other new and existing investors.
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Machina Labs
The first process of Machina's patented production platform is robotic sheet forming. The system uses material and geometry-independent technology to outperform traditional sheet forming methods that rely on moulds. It aims to ensure that factories are not tied to specific products with limited capabilities. Instead, factories can be configured through software to support on-demand production and pave the way for manufacturing innovation.
The company is combining the latest advances in artificial intelligence and robotics to deliver finished metal projects in just a few days rather than months or years. It does this using robots, much like a blacksmith uses a hammer to produce different designs and materials. This gives manufacturers unprecedented flexibility and agility. Machina Labs' robots use an array of AI-powered sensors to collect data and process sheet metal into parts. For every unit the company produces, it creates a digital twin with all relevant process information. This enables accurate process characterisation and part qualification information. The company produces metal parts for the automotive, aerospace, defence, heavy machinery, electrical and architectural industries.
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