Industrial Next raises $12 million pre-Series A
Industrial Next raised $12 million to develop flexible robotic manufacturing systems for electric-vehicle and electronics factories.
Evidence notes
- The pre-Series A round was led by Lenovo Capital, Xiaomi's strategic investment arm and AlphaX Partners.
- Industrial Next said the financing would support development of autonomous manufacturing systems and expansion in China.
- The company was founded by former Tesla engineers Lukas Pankau and Allen Pan to make factory automation more adaptable to changing production tasks.
Company context
Industrial Next builds AI-driven manufacturing automation. The company focuses on autonomous manufacturing systems for factories that need more flexible production robotics.