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Re:Build raises $2.1 billion to expand U.S. manufacturing platform. Key points * Re:Build said General Catalyst and JPMorganChase's Strategic Investment Group led a $2.1 billion financing, which the company says will expand its manufacturing platform and product ecosystem. [[1]] * Re:Build did not disclose a valuation, investor-by-investor contributions or a detailed use-of-proceeds schedule. [[1]] * The company says its U.S. ecosystem includes more than 2,100 employees and 2.4 million square feet of manufacturing capacity, and that it has incubated companies including Slate, Neon Aero and Ensorcell. [[1]] * Slate began inside Re:Build's ecosystem before becoming an independent company and has since raised roughly $1.4 billion, according to TechCrunch. [[2]] [[3]] Re:Build, the U.S. advanced-manufacturing company that incubated electric-vehicle startup Slate Auto, has raised $2.1 billion in a financing led by General Catalyst and JPMorganChase's Strategic Investment Group. The company said on October 27, 2026, that it will use the capital to expand manufacturing capacity and launch new industrial startups. [[1]] The financing gives Re:Build additional capital for a model that combines product engineering, manufacturing and company incubation. Re:Build did not disclose its valuation, the size of each investor's commitment or a detailed schedule for deploying the money. [[1]] A platform built around factories and new companies. Re:Build was founded in 2020 by Jeff Wilke, Miles Arnone and William Barker. Wilke previously led Amazon's consumer business. TechCrunch reported that the company has recruited other Amazon executives and described Re:Build as billing itself as "America's answer to Shenzhen." [[2]] Re:Build says it operates through two related models. It partners with industrial companies and product developers to design, engineer and manufacture products at scale. It also incubates startups by providing founding teams with capital, engineering support and access to its production network. [[1]] The company says its ecosystem employs more than 2,100 people in the United States and includes more than 2.4 million square feet of advanced manufacturing capacity. It also says it has launched hundreds of products and production systems, including unmanned aircraft systems. Those figures are company claims; the announcement did not provide a facility-by-facility breakdown or independent audit of the network. [[1]] Slate is the clearest example of the model. Re:Build developed Slate as an internal electric-vehicle venture before it became an independent company. Re:Build's case study says the project was initially incubated within its ecosystem and that Slate later partnered with Re:Build for engineering and manufacturing support. [[3]] Re:Build says it supported Slate's electrical architecture, battery systems, supplier work, production automation and advanced composite components. Its case study also describes a production concept exceeding 100,000 vehicles annually with an approximately two-minute takt time. These are Re:Build's project claims, not evidence that Slate has reached those production levels. [[3]] Slate has since raised roughly $1.4 billion, including a $650 million round announced in April 2026, according to TechCrunch. That financing was raised by Slate and is separate from Re:Build's newly announced funding. [[2]] [[4]] Where the new capital is intended to go. Re:Build said the financing will support manufacturing and new ventures across aerospace and defense, electrification, medical products, energy and environmental technology, and robotics and automation. The company also said it aims to create tens of thousands of U.S. jobs over the next decade, but it did not provide a hiring timetable or facility-level commitments tied to the financing. [[1]] The company's manufacturing approach is built around what it calls Manufacturing Constrained Design, or MCD. Re:Build says engineers consider production methods, tooling, components and cost constraints during product design rather than waiting until a product reaches the factory floor. The company says that approach can improve production speed and cost, but those comparative claims were not independently measured in the funding announcement. [[1]] General Catalyst said it first invested in Re:Build in 2024 and described the company as a platform for rebuilding U.S. industrial capacity. JPMorganChase's investment came through its Strategic Investment Group, which makes direct equity investments under the bank's Security and Resiliency Initiative. JPMorganChase said on October 19, 2026, that the group had committed $5 billion in equity investments during the initiative's first year; it did not identify the Re:Build allocation. [[1]] [[5]] At the intersection of AI, tech, and markets. The stories that matter, in one email. Free - unsubscribe anytime.

OCBC is Asia-Pacific's strongest bank and third globally: The Asian Banker. This is the first time a Singapore bank is among the top three; DBS is ranked 23rd, and UOB, 187th Published Tue, Oct 27, 2026 · 07:10 PM * OCBC is a top performer in the STI in 2026, with its share price rising 46.8% in the year to Oct 23. PHOTO: CMG [SINGAPORE] OCBC: O39 +0.03% has been ranked as the third-strongest bank globally and the strongest in Singapore and the Asia-Pacific. Released on Tuesday (Oct 27), the TAB Global 1000 World's Strongest Banks 2026 ranking placed DBS: D05 -0.39% in 23rd place and UOB: U11 +0.17% at 187th. JPMorgan Chase and Saudi National Bank rounded out the top three in the ranking. OCBC's placing marks the first time a Singapore bank has finished among the top three in the world since the ranking by The Asian Banker (TAB) debuted in 2023. The bank is also the top performer in the Straits Times Index this year, with its share price up by 46.8 per cent in the year to Oct 23. Christian Kapfer, research director of TABInsights, said: "OCBC's diversified earnings, sound asset quality and strong capital position distinguish it from many of its regional peers. The business Times turns 50. Five decades of milestones and moments that shaped Singapore's success story - told through our headlines. Explore BT50" "Its ability to combine profitability with prudent balance sheet management has been an important factor in its financial strength." OCBC on Aug 7 reported a record second-quarter net profit of S$2.22 billion, up 22 per cent from the year before and above the S$1.91 billion consensus forecast in a Bloomberg survey of five analysts. Tan Teck Long, group CEO of OCBC, said: "The criteria used to assess the strongest bank in the world are very comprehensive." The ranking of the world's strongest banks relied on a scorecard to evaluate banks and financial holding companies in seven dimensions of balance-sheet strength and financial performance: sovereign risk, scale, balance sheet growth, risk profile, profitability, asset quality and liquidity, incorporating 15 financial and sovereign factors.

Bloomberg says the revolving loan could be priced at 60 basis points over SOFR, with lenders including HSBC, Citi, JPMorgan, and major Chinese banks.