Full-Time
Confirmed live in the last 24 hours
Intelligent automation solutions for manufacturing
$90k - $140kAnnually
Senior
San Francisco, CA, USA
This position is onsite in San Francisco, California.
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Bright Machines specializes in intelligent automation solutions for the manufacturing industry, particularly in electronic assembly. Its main product, the Microfactory, is a software-defined production line that automates high-precision, repetitive tasks. This technology enables manufacturers to scale operations efficiently, reduce costs, and quickly adapt to changes in demand. Bright Machines serves clients across various sectors, including electronics, automotive, and medical devices, helping them tackle challenges like labor shortages and quality control issues. Unlike competitors, Bright Machines combines hardware and software solutions, generating revenue through Microfactory sales, subscription fees for software updates, and service contracts. The company's goal is to enhance the scalability, flexibility, and economics of production lines, ensuring clients can continuously improve their manufacturing processes.
Company Size
201-500
Company Stage
Series C
Total Funding
$374.5M
Headquarters
San Francisco, California
Founded
2018
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Flexible Work Hours
Professional Development Budget
Hybrid Work Options
Remote Work Options
Bright Machines appoints Chris Stori as CEO.
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.
Other investors in the Series C funding round included venture capital firm Eclipse Ventures, robotics maker Jabil and BlackRock. Bright Machines raised $20 million in debt from J.P. Morgan as well.
Bright Machines Inc., a robotics startup, has secured $126 million in Series C funding. The round included $106 million in equity led by BlackRock with participation from Nvidia, Microsoft, Jabil, and others, plus $20 million in venture debt from JPMorgan Chase. Bright Machines offers automated manufacturing systems called Microfactories, which include robotic arms, AI-driven software, and optional cobots for enhanced efficiency and fault detection in manufacturing processes.
Bright Machines raises $126M in Series C funding.
/PRNewswire/ -- Bright Machines, an innovator in intelligent, software-defined manufacturing, announced today it has raised $126M in Series C funding, with...
(Reuters) - Software and robotics startup Bright Machines raised $106 million in a Series C funding round that included Nvidia and Microsoft as investors, the company said on Tuesday.
Bright Machines is closing its development center in Israel and laying off about 60 employees.