Latest round

Series C

Last raised

Jun 2024

Total raised

$369M

Investors

10

About Bright Machines

, previously known as AutoLab AI, Inc. - a spin-out company from Flex Ltd offers a full-stack solution for industrial automation ranging from reshoring production, creating a more distributed manufacturing network, or speeding up the innovation process. The company has R&D centers across the US and Israel and field operations across 8 locations including the US, Mexico, China, and Poland. Bright Machines possess a portfolio of 36 patent filings and serve 25 global blue-chip customers that span essential industries including network infrastructure, data centers, automotive, consumer products, medical devices, and industrial equipments. In June 2024, Bright Machines, Inc. Bright Machine uses computer vision, cloud and edge computing, robotics, and artificial intelligence to solve industrial problems, aiming to speed up operations, improve quality and bring flexibility to the market. Bright Machine’s product portfolio includes Microfactories that offer intelligent software and adaptive hardware to automate repetitive assemblies and inspection tasks. Brightware automates three steps from the assembly of the circuit board: label application, DIMM insertion, and Screwdriving.  Additionally, the company’s solutions offer automation to other tasks such as fastening, welding, dispensing, pressing, labeling, vision, and testing. Bright Machines enable 50% faster deployment than the traditional way, that is, analyze, configure, and deploy.

Who invested in Bright Machines

10 investors across 5 rounds

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Funding rounds

  1. Series C

    Jun 25, 2024

    Amount

    $106M

    Investors

    Locked

  2. Series B

    Oct 31, 2022

    Amount

    $100M

    Investors

    Locked

  3. Series A

    May 15, 2018

    Amount

    $113M

    Investors

    Locked

  4. Seed

    May 2, 2018

    Amount

    $40M

    Investors

    Locked

  5. Seed

    Mar 16, 2018

    Amount

    $10M

    Investors

    Locked

Questions about Bright Machines

Who invested in Bright Machines?

Bright Machines has 10 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Bright Machines raised?

Bright Machines has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Bright Machines last raise money?

Bright Machines's most recent round on record is a Series C, in Jun 2024.

What does Bright Machines do?

, previously known as AutoLab AI, Inc.

Where is Bright Machines headquartered?

Bright Machines is headquartered in US.

Which VCs invest in companies like Bright Machines?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Bright Machines's stage. Their profiles are linked below.

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