The Series B funding round was jointly led by Nvidia’s NVentures and Innovation Endeavors. The company, founded in 2019, announced that it will use the new investment to enhance its research and development processes. The U.S.-based Machina Labs has now raised a total of $45 million in investments, including the Series B.

The company, launched by Babak Raeisinia and Edward Mehr, specializes in developing robots and software-based solutions to bring flexibility and agility to metal production processes. Machina Labs particularly focuses on metal processing.

This is significant for companies involved in processing metal, a crucial material used in various industries such as automotive, aerospace, construction, and more. It implies the potential for improving manufacturing processes and making them more efficient, leading to cost savings and a competitive advantage.

The company’s robots are designed to provide an innovative approach to the manufacturing industry, similar to how a blacksmith uses a hammer, to produce different designs and materials. This approach aims to offer greater flexibility and automation in the production process. The company is noted for having employees with previous experience at companies like SpaceX, Relativity Space, Novelis, Carbon, Stratasys, and nTopology.

Machina Labs’ primary goal is to enhance efficiency in the metal processing industry by introducing flexibility and agility into the production processes. The company seeks to redesign manufacturing processes using robots and software-based solutions, aiming for a more effective approach to producing different designs and materials.

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