- General
- October 23, 2018
- 2 minutes read
Former Autodesk Exec led startup Bright Machines raises $179 million to automate manufacturing processes in factories
Bright Machines, a San Francisco based startup led by former Autodesk and Flex executives aimed at making use of a combination…
Bright Machines, a San Francisco based startup led by former Autodesk and Flex executives aimed at making use of a combination of robots and new software for reduction of manual labor in manufacturing of electric devices has raised $179 million in venture capital while launching out of stealth.
Eclipse Ventures led this round for Bright Machines which counts former Autodesk chief executive Amar Hanspal as its CEO and former Flex CEO Mike McNamara, Eclipse Ventures founder and also former Flex executive Lior Susan and ex Autodesk co-CEO Carl Bass as members of its board.
The company focuses on “micro-factories” made of of robot cells and new software tools aimed at making the manufacturing process more efficient. It says its customers are using its tools in half a dozen countries for replacement of people who assemble and inspect electronics.
In retrospect, Bright Machines’ offerings are geared at plugging software gaps and making the process of designing to manufacturing more easier. The goal if for a machine which enable gadget designers upload a design file and have raw material fed in one end and a gadget sprung up in another. These machines could be easily made available in various locations.