Autonomous vehicles fuel $2.7B funding boom in June 2024. By Dan Kara | July 29, 2024Listen to this article. Forty-eight companies that make robots or relevant enabling technologies raised a total of $2.7 billion in June 2024. At press time, this was the highest monthly funding total of 2024. It exceeded May’s total by more than $500 million and was more than double the 12-month trailing investments average of $1.3 billion. Robotics investments for the first six months of 2024 totaled about $8.4 billion

Listen to this articleBright Machines says its full-stack system integrates software and robotics to deliver high-quality products. | Source: Bright Machines. Bright Machines Inc., which claims to be a leader in “software-defined manufacturing,” last week announced that it has raised $126 million in Series C funding. This brings the San Francisco-based company’s total funding to date to $400 million. Bright Machines said it will use the latest funding to launch product innovations, expand its software stack for increased assembly flexibility, and grow strategic relationships with ecosystem partners

Bright Machines, a software-defined manufacturing, announced it has raised $126 millionin Series C funding, with $106 million in equity led by investment from funds and accounts managed by BlackRock and participation from NVIDIA, Microsoft, Eclipse, Jabil and Shinhan Securities, and with $20 million in venture debt from J.P. Morgan.