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Serving San Jose, California (Santa Clara County)Vol. 1, No. 8
Business

Emeryville robot factory startup Foundry Robotics says it raised $100 million

The company uses AI-guided robot work cells to assemble complex hardware for other companies.

Foundry Robotics, an Emeryville startup that builds hardware for other companies using robots, says it has raised $100 million.  The company announced the Series A, an early major investment round, on its website this week.

Foundry runs a 130,000-square-foot factory in Emeryville, about 40 miles north of San Jose, and says it has more than 75 employees.

Instead of one fixed assembly line, the factory uses modular robot work cells that can be switched between products, the company said.  Its software, FoundryOS, schedules the work and coordinates the robots in real time, while human experts handle quality checks.

Foundry sells this as manufacturing as a service, meaning customers pay it to build their products instead of setting up their own factories.  It says it can assemble complex electronic and mechanical products.

Source:  Foundry Robotics, factory page, and company page.

Drafted by AI from the linked public source. Approved by a Daily News Editor.

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