Bright Machines Raises $132M In New Funding To Expand Intelligent Automation In Manufacturing
Amount Raised
$132 Million
Round Type
Funding Round
San FranciscoManufacturingInformation TechnologySoftwareDescription
Bright Machines, an innovator in software-defined manufacturing, announced today $132M in debt and Series B equity funding. The equity portion of the funding, worth $100M, was led by Eclipse Ventures. The debt portion of the funding, worth $32M, was led by Silicon Valley Bank (NASDAQ: SIVB) and Hercules Capital, Inc. (NYSE: HTGC)
Quick answer
Bright Machines raised $132 Million in a Funding Round round, dated October 31, 2022. Bright Machines is based in San Francisco, California, United States.
- How much did Bright Machines raise?
- Bright Machines raised $132 Million in a Funding Round round on October 31, 2022.
- What does Bright Machines do?
- Bright Machines is an industry-leading software and robotics company that offers a full-stack automation solution for manufacturing.
- Where is Bright Machines based and how big is it?
- Bright Machines is based in San Francisco, California, United States. Fundz records about 51 employees.
- Who are the decision-makers at Bright Machines?
- Fundz holds 2 contacts at Bright Machines, including the Executive Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing and Software around the same time
Companies in the same sectors as Bright Machines that raised within 45 days of this round, from Fundz verified event records.
- MasterControl raised $150M (Series A) on December 15, 2022.
- SCW.AI raised $10M (Series A) on November 30, 2022.
- Circ, INC. raised $25M on November 30, 2022.
- Natron Energy raised an undisclosed amount (Funding Round) on November 30, 2022.
- Sonic Foundry raised $8.5M (Debt Financing) on November 21, 2022.
- MedX Health raised an undisclosed amount (Convertible Note) on November 18, 2022.
Who to call at Bright Machines, and when
A new round usually means Bright Machines is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Bright Machines raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Bright Machines, from your own LinkedIn network
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Fundz sees it the moment Bright Machines raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Bright Machines raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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