Autodesk, Flex veterans raise $179 mln for manufacturing startup [Reuters (UK)]
Autodesk, Inc. (ADSK)
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Source: Reuters
Autodesk, Flex veterans raise $179 mln for manufacturing startup | Reuters 3 Min Read (This version of the Oct. 23 story corrects paragraph 4 to say McNamara is current Flex CEO rather than former Flex CEO) By Stephen Nellis (Reuters) - A group of former executives from Autodesk Inc and Flex Ltd has raised $179 million in venture capital for a manufacturing startup that aims to use a combination of robots and new software to remove much of the manual labor from manufacturing electronic devices. San Francisco-based Bright Machines focuses on two areas. One is “micro-factories” made up of its software and robot cells it says its customers are using in half a dozen countries to replace the people who assemble and inspect electronics. The other area is new software tools to make the manufacturing process more efficient. Bright Machines did not name its customers, but said they use its micro-factories to make hundreds of thousands of products that can be found “in your driveway, in your po
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ADSK
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- 2/29/24 - Beat
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- 3/28/24 - Form 4
- 3/28/24 - Form 4
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