Thursday, November 18, 2021

Machina Labs Gets $16.3M For Robotics Manufacturing

Los Angeles-based Machina Labs, a company which is developing robotics and artificial intelligence (AI) technology aimed at improving manufacturing, has raised $16.3M in a Series A funding round. According to the company, the funding was led by Innovation Endeavors and also included Congruent Ventures and Embark Ventures. The company said the funds will go to "significantly grow" its team in Los Angeles, as well as expand R&D and manufacturing capacity. The company is led by CEO and co-founder Edward Mehr. More information »

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