Tech Company Financing Transactions
Machina Labs Funding Round
On 11/22/2021, Machina Labs raised $16.3 million in Series A funding from Innovation Endeavors, Congruent Ventures and Embark Ventures.
Transaction Overview
Company Name
Announced On
11/22/2021
Transaction Type
Venture Equity
Amount
$16,300,000
Round
Series A
Investors
Proceeds Purpose
The funds will be used to significantly grow Machina's team in Los Angeles and to expand its R&D and manufacturing capacity to meet rapidly increasing customer demand.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
9410 Owensmouth Ave.
Chatsworth, CA 91311
USA
Chatsworth, CA 91311
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Machina Labs is introducing unseen flexibility and agility to the centuries-old manufacturing industry. This unlocks rapid iteration improving the design lifecycle and enabling a higher rate of innovation. Machina Labs' manufacturing platform combines the latest advances in robotics and AI so great ideas can quickly and affordably turn to reality.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Edward Mehr
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