INSUBCONTINENT EXCLUSIVE:
Bright Machines, a San Francisco startup wants to change that and it got a whopping $179 million Series A today to get this thing going
While it was at it, it also officially launched the company.The startup wants to bring a software-driven approach to robotics, one that
would let you take dumb robotics and program it in a more automated fashion to perform a set of tasks, taking advantage of artificial
clearly not your typical Series A and Bright Machines does not appear to be a typical Series A company, feeling its way trying to get a
It was then spun out as a startup called AutoLab AI and changed the name to Bright Machines today for the big company unveiling.It already
boast over 300 employees and brought in CEO, Armar Hanspal, who was most recently co-CEO at Autodesk to run the show
Former Autodesk CEO Carl Bass is a board member
Other board members include Mike McNamara, CEO of Flex and Steve Luszo, CEO of Seagate
Eclipse led the round.What is attracting all of this money and talent to such a young company Bright Machines is trying to solve a hard and
expensive manufacturing problem
automating the factor floor for decades, they are attacking an area that up until now has been underserved by robotics because the
of money so early because they believe it is a huge market and if they can attract the right talent, they can bring a substantive change to
manufacturing that is lacking today
Time will tell if the bet pays off.
