Verified Events
DateTypeCompanyHeadlineSegment
Formic raises $50M package combining Series B equity and debt
- Equity participants include Light Ray Ventures, Lightscape Partners and Citi.
- Capital supports general-purpose robotics and applications including metal fabrication.
- The company reports more than 750,000 live production hours across over 100 facilities in more than 30 states.
Teradyne invests in Bright Machines alongside planned manufacturing collaboration
- Proposed applications include precision robotic assembly, test-equipment loading and unloading, and autonomous material movement.
- The companies aim to connect assembly, robot-operation and electrical-test data into a continuous production record.
- Bright Machines reports experience from more than 130 microfactory deployments across over 10 countries.