Robotic metalworking startup Machina Labs closes $32M round backed by Nvidia

Funding Rounds

▤ Summary

That includes so-called superalloys, which are used in industries such as the aerospace sector because they can withstand extreme heat and pressure.Manufacturers typically use six-axis robots in their automated production lines. Machina Labs uses seven-axis robots, which have the same same range of motion plus the ability to travel from one end of a production line to another using a mechanism such as a rail.Each of the companys machines is equipped with a laser scanner that it uses to collect data about the metal parts it makes. According to the company, AI algorithms leverage the collected data to compare the parts against the CAD model on which theyre based. If there are inconsistencies, the AI adjusts the production workflow to increase manufacturing accuracy.A core selling point of Machine Labs robots is that they can be adapted to new tasks with relative ease. Machina Labs, in contrast, says its systems can change tools and sensors instantly.The company will use the proceeds from its latest funding round to finance go-to-market and product development initiatives.

$ Funding

$
Amount - Total raised
□
Date - Announcement date
◎
Investors NVIDIA Lead investors
▥
Company - Funded company

▥ Classifications

industries
HealthTech
applications
AI & Machine learning

◇ AskAI Classifications

Labels
AI Software Developer Tools MLOps

▦ Linked Companies