From AI Insider · Greg Bock · · 1m
Foundry Robotics Raises $100M for Defense and Industrial Assembly
Foundry Robotics secured $100 million in Series A funding to scale autonomous assembly for defense and industrial hardware.
In brief
Foundry Robotics secured $100 million in Series A funding to scale autonomous assembly for defense and industrial hardware. Foundry Robotics raised $100 million in Series A funding to expand autonomous assembly capacity for defense and industrial hardware. Originally reported by AI Insider.
Funding Round Details
Foundry Robotics raised $100 million in Series A funding to expand autonomous assembly operations for defense and industrial hardware.
Investors and Facilities
Marlinspike Partners led the round with Khosla Ventures, Red Glass Ventures, SE Ventures, Wing VC, Axiom Ventures, Hanabi and Zero Shot Fund.
Manufacturing Scale
The company now operates a 130,000-square-foot Emeryville facility with 20 times the previous capacity.
Product Assembly
Foundry assembles drones, autonomous-vehicle components, ground robots, satellites and computing equipment.
CEO Statement
Founder Adarsh Kulkarni stated factories must be rethought from the ground up to revitalize U.S. manufacturing.
“We believe the factories that revive America’s manufacturing sector will need to be rethought from the ground up rather than retrofitting one aspect in an existing factory.”
Manufacturing Model
Foundry uses AI-powered robotic cells and FoundryOS software to assemble products under a manufacturing-as-a-service model.
The key point
Foundry Robotics raised $100 million in Series A funding to expand autonomous assembly capacity for defense and industrial hardware.
