Tech Company Financing Transactions
Bright Machines Funding Round
Bright Machines closed a $132 million Series B funding round on 10/31/2022. Investors included Eclipse Ventures, Hercules Technology Growth Capital and Silicon Valley Bank.
Transaction Overview
Company Name
Announced On
10/31/2022
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$132,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to accelerate growth, which includes continued expansion into high-demand industry verticals, and the development of new software and service offerings to complement its existing portfolio of products.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
585 Howard St.
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Undisclosed
Website
Email Address
Overview
At Bright Machines, everything we do is aimed at making manufacturing smarter and more efficient. We bring together intelligent software with flexible factory robots and machine learning to help our customers meet the growing demands of the next generation of manufacturing.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Amar Hanspal
Chief Marketing Officer
Greg Eden
Chief Operating Officer
Tzahi Rodrig
Chief Technical Officer
Brian Mathews
VP - Human Resources
Fiorella Dettorre
VP - Sales
Karsten Popp
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Where The Data Comes From
We do our best to report on every notable VC transaction. All VC database entries reported here are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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