Bright Machines - complex robotic arms

 

Bright Machines 

Headquarters: San Francisco 

Founder: Amar Hanspal (CEO), Tzahi Rodrig, Lior Susan 

Funding: $200 million   

Valuation: $679 million, via Pitchbook

While factories have become increasingly automated over recent decades, Bright Machines believes that robotic systems are finally ready for primetime deployment. “Until now, the most complex operations in manufacturing have been too difficult for blind and dumb robots to perform with the same precision and fidelity as humans,” says CEO Amar Hanspal, adding that advances in computer vision and machine learning have changed the game. The company just released its first product in June: So-called “microfactories,” or closed systems with robotic arms that can complete tasks like inserting chips in a circuit board. 

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