Machina Labs raises $124M to launch large-scale intelligent U.S. factory

Machina Labs’ RoboCraftsman is an AI-driven manufacturing cell that can turn digital designs into production-grade metal parts. | Source: Machina Labs

Machina Labs Inc. this week said it has closed a $124 million Series C round and deployed its first large-scale intelligent factory. The company said the funding will help it scale from innovation to deployment of software-defined production infrastructure. Its goal is to support manufacturing of mission-critical metal structures.

“The...