Foundry Robotics raises $100M to build a factory for complex assembly
Led by Marlinspike Partners, the Series A will expand the Emeryville facility and fund FoundryOS, its software for coordinating robotic assembly cells.
By Ryan Merket · Published
Primary source: x.com
Why it matters
Foundry is using venture capital to own factory capacity as well as build robotics software. Its test is whether flexible assembly can produce reliable, repeatable output across different hardware customers.
Foundry Robotics raised a $100 million Series A led by Marlinspike Partners, tying a large new financing round to a 130,000-square-foot Emeryville factory built for flexible hardware assembly. The October 28th announcement also names Khosla Ventures, Red Glass Ventures, SE Ventures, Wing VC, Axiom Ventures, Hanabi Capital and Zero Shot Fund among the investors. The company did not disclose a valuation.
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